Britain's Travis Perkins sells Primaflow business for 46 million stg
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LONDON (Reuters) - Travis Perkins , Britain's biggest building materials group, has sold its wholesale plumbing and heating business to Newbury Investments, a specialist distribution group, for 46 million pounds ($59.7 million), it said on Monday.The disposal of the Primaflow F&P business is in line with Travis Perkins' strategy to simplify the group and focus on its advantaged trade businesses.The sale process is expected to complete at the end of the month and the proceeds will be used to..