The hardware giant attended July 1 in expansion as the Blackwoods business and Workwear Group joined under Bunnings in its Australian footprint. This consolidation targets expanded product access and cost savings. This shift positions Bunnings to leverage Blackwoods' industrial distribution and Workwear Group brands across its network, marking a major consolidation in Australia’s retail and trade supply sector. Industry commentary have noted concentration trends, raising prospects for a wider supply network. The move comes after industry discussion regarding market dynamics and potential for expanded distribution reach.
Hardware 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.comAussie hardware giant Bunnings has made a significant leap in its expansion strategy by acquiring two major firms—Blackwoods, the largest industrial and
news.ssbcrack.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.
www.accc.gov.auBunnings 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…
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