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In October 1999 Sainbury’s purchased the Hampden Group plc which was the franchisee of 7 Homebase stores in Northern Ireland and 3 in the Republic of Ireland.
The Homebase chain was sold in December 2000 in a deal worth ?969 million to B&Q’s franchisee Kingfisher plc. It was then sold to Great Universal Stores plc in november 2002 for ?900 million and was part of the Argos retail group.In 2006 Great Universal Stores plc demerged, Homebase now operates as a part of the Home Retail Group.In 2007 Home Retail Group purchased properties from Focus DIY for ?40 million with the stores being transferred by the end of 2007 and then reffitted over the coming months also with the staff from Focus DIY transfering to Homebase...
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