The hardware giant was seen at the start of July to broaden reach as Blackwoods and Workwear Group under the Bunnings umbrella in its Australian footprint. The consolidation seeks wider product access and cost efficiencies. It puts Bunnings in a position to use Blackwoods' industrial reach and Workwear Group brands across its network, marking a major consolidation in Australia’s retail and trade supply sector. Industry commentary notes market concentration, potentially boosting supply chain reach. The move comes after source chatter on market dynamics and the potential for greater distribution reach.
The 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.auAussie hardware giant Bunnings has made a significant leap in its expansion strategy by acquiring two major firms—Blackwoods, the largest industrial and
news.ssbcrack.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.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…
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