The hardware giant attended the start of July in expansion as the Blackwoods business and Workwear Group Brands becoming part of Bunnings across its store network. The consolidation targets expanded product access and cost savings. This shift puts Bunnings in a position to use Blackwoods' industrial reach and Workwear Group brands across its network, signaling a significant consolidation in Australia’s retail and trade supply sector. Industry observers notes market concentration, raising prospects for a wider supply network. The move comes after source chatter about market dynamics and potential benefits of greater 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.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…
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
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