Howdens snaps up DIY Kitchens in £390m online expansion push
Howdens has agreed to acquire online kitchen retailer DIY Kitchens in a £390m deal as it looks to expand its reach beyond trade customers.
The kitchen specialist has struck a deal to buy the Pontefract-based parent company of Ultima Furniture Systems, which trades as DIY Kitchens.
DIY Kitchens sells exclusively online and targets customers who want to self-manage the purchase, planning and ordering of their kitchen.
Howdens said the business has a “highly profitable and growing&rdquo