The hardware giant was seen at the start of July to expand as the Blackwoods business and Workwear Group under the Bunnings umbrella in its Australian footprint. The move aims for broader product access and cost efficiencies. This shift puts Bunnings in a position to use Blackwoods' industrial distribution and Workwear Group brands within its footprint, signaling a significant consolidation in Australia's trade supply landscape. Industry commentary notes market concentration, raising prospects for a wider supply network. The move comes after industry chatter about market dynamics and potential for broader distribution reach.
Aussie hardware giant Bunnings has made a significant leap in its expansion strategy by acquiring two major firms—Blackwoods, the largest industrial and
news.ssbcrack.comBunnings Wesfarmers merger announcement put Blackwoods and Workwear Group under Bunnings Group control from July 1, a shift Wesfarmers said was designed to boost shareholder value. For customers, the change links Blackwoods’ distribution network and Workwear Group’s brands to Bunnings’ 312-store foo…
www.el-balad.comHardware retailer Bunnings and other dominant firms with market shares of more than 40 percent should be required to notify all new deals to the competition regulator in order to avoid further market consolidation through “serial acquisitions,” says a key industry group
mlexmarketinsight.comThe ACCC is Australia's competition regulator and national consumer law champion. We promote competition and fair trading and regulate national infrastructure to make markets work for everyone.
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