Wesfarmers Integrates Industrial Businesses into Bunnings

MT Newswires Live
06/02

Wesfarmers (ASX:WES) said it will integrate its industrial and safety businesses, Blackwoods and Workwear Group, into Bunnings Group from July 1, to align customer bases and strengthen its offering to commercial and small and medium-sized enterprise customers, according to a Tuesday Australian bourse filing.

The transition builds on recent operational improvements at Blackwoods and aligns with a strategy to enhance long-term shareholder value, per the filing.

The businesses will continue to operate under their existing brands within Bunnings, with Blackwoods retaining its focus on large enterprise customers, the filing said.

The financial impact is expected to be immaterial, with contributions reflected in Bunnings' results starting from the first half of fiscal 2027, the filing added.

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