The hardware giant attended July 1 to expand as Blackwoods and Workwear Group under the Bunnings umbrella across its store network. The consolidation targets expanded product access and cost efficiencies. It positions Bunnings to leverage Blackwoods' industrial distribution and Workwear Group brands within its footprint, marking a major consolidation in Australia's trade supply landscape. Industry commentary highlight concerns about concentration, raising prospects for a wider supply network. This follows industry chatter about market dynamics and the 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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