May 26, 2024


Passion For Business

B&Q owner buys DIY app NeedHelp

B&Q owner Kingfisher is to launch a dwelling advancement enterprise in the Uk to assistance prospects resolve Do it yourself disasters or carry out much more advanced work after a growth in income this yr.

The organization has bought NeedHelp, an on the internet system connecting tradespeople with households for duties these kinds of as kitchen set up, painting, flooring or bathroom renovation, for €10m (£8.9m).

The retailer already has a connection with the organization in France by way of its Castorama and Brico Depot merchants, but it is the initially time the services will be offered to prospects in the Uk.

There now are a handful of similar rival apps these kinds of as TaskRabbit.

Kingfisher mentioned the acquisition was “an essential action ahead” as it tries to be much more agile and centered on shopper expertise. It has been pushing forward with a new turnaround prepare beneath chief executive Thierry Garnier. 

He mentioned: “To provide prospects correctly now, we will need to be much more electronic and services orientated, even though leveraging our sturdy keep assets.

“Online products and services marketplaces are crucial to the future of dwelling advancement retail and NeedHelp is an founded and rapid-expanding participant in this arena.