Travis Perkins has said that it will look to review all of it options in terms of maximising the value of Wickes.
This move comes as part of plans to simplify their business.
The group have said that they will more focused of its trade customers and also look at the potential sale of its plumbing and heating division.
John Carter, Travis Perkins chief executive, said: "We have developed a clear plan to focus on delivering best-in-class service to our trade customers, and to simplify the group to reduce complexity, speed up decision making and reduce costs. Our trade businesses hold strong positions in attractive markets, and these initiatives will enable us to concentrate our management time and capital in the highest returning areas.”
Travis Perkins aims to capitalise on Wickes already strong performance by utilising its competitive advantage in the DIY, small trade, and kitchen and bathroom markets.
