Bunnings DIY stores will switch back to Homebase after its owners sold the struggling brand for just £1.
Homebase has been sold by its Australian owner Wesfarmers to retail restructuring firm Hilco, potentially putting a number of jobs at risk.
Bunnings has two stores in St Albans and one in Apsley.
A total of 24 stores that were trading as Bunnings, Wesfarmers' brand, will convert back to the Homebase brand.
Homebase formerly had a store in Watford before it was replaced by The Range.
Homebase was bought for £340million in 2016 by Wesfarmers where Bunnings dominates the sector in Australia.
Hilco bills itself as a retail restructuring specialist and also owns HMV. It is unclear at this stage whether any stores will close.
Richard Lim, of Retail Economics, said: "The acquisition of Homebase has been an unbelievable disaster for Wesfarmers.
"Their attempts to disrupt the UK DIY market have failed after a series of woeful management decisions, clumsy execution and a misguided perception of the UK market."
Homebase boss Damian McGloughlin said the agreement with Hilco "marks an exciting new chapter" for the retailer.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here