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Acquirer profileAustralia
Who is Wesfarmers?
Wesfarmers is a strategic acquirer based in Australia.
Firm facts
Wesfarmers
- Type
- strategic acquirer
- Headquarters
- Perth, Australia
- Website
- wesfarmers.com.au
- Company page
Industries
Last verified 2026-09-26
How they work
Wesfarmers is an Australian listed group headquartered in Perth. Its businesses span home improvement, general retail, office products, healthcare, industrial supplies, chemicals, fertilisers and energy. It combines operational management with long-term portfolio investment and acquisitions, assessing opportunities against their ability to create shareholder value.
Wesfarmers evaluates acquisitions through a disciplined set of filters and a long-term view of shareholder value. Its businesses operate with substantial autonomy under divisional boards and a group governance framework. The group renews its portfolio through acquisitions and disposals; its public materials do not set out a standard seller timetable.
- Capital model
- ASX-listed corporate group funding investment through operating cash flows and a flexible balance sheet.
- Geography
- Predominantly Australia and New Zealand, with selected international operations; no universal acquisition geography limit is published.
- Hold period
- Long-term value creation; portfolio disposals remain part of the approach and there is no fixed holding term.
- Majority or minority
- Includes wholly owned businesses and joint ventures or minority investments; no exclusive stake threshold is published.
- Ownership
- Corporate ownership through a diversified group, with substantial divisional autonomy and group capital allocation.
- Platform or bolt-on
- History includes new portfolio platforms and additions to existing businesses; no exclusive platform or bolt-on requirement is stated.
- Sector focus
- Diversified businesses spanning retail, healthcare, industrial supplies, chemicals, fertilisers, energy and lithium.
Their portfolio
Showing 26 of 26 known holdings — coverage is still partial.
Company
Sector
What they do
- SectorAgriculture & resourcesWhat they doAustralian Gold Reagents manufactures and distributes sodium cyanide used by gold mining operations in Australia and overseas.
- SectorHealthcareWhat they doAustralian Pharmaceutical Industries distributes medicines to pharmacies across Australia and operates pharmacy support programs.
- SectorIndustrials & manufacturingWhat they doAustralian Vinyls supplies polyvinyl chloride resins used in building products, cabling, packaging and other manufactured goods.
- SectorConstruction & infrastructureWhat they doBeaumont Tiles supplies tiles, bathroomware, tools and accessories through Australian showrooms and trade centres.
- SectorIndustrials & manufacturingWhat they doBlackwoods distributes industrial tools, safety equipment, workwear, fasteners and other supplies to Australian businesses.
- SectorIndustrials & manufacturingWhat they doBullivants supplies lifting, rigging and height safety equipment and related services to industrial customers.
- SectorConsumer & retailWhat they doBunnings retails home improvement and outdoor products and supplies building materials to trade customers in Australia and New Zealand.
- SectorHealthcareWhat they doClear Skincare operates skin treatment clinics offering cosmetic injections, acne treatment and laser hair removal in Australia and New Zealand.
- SectorSoftware & IT servicesWhat they doCm3 provides contractor compliance software for prequalification, site access, inductions and modern slavery assessments across Australia and New Zealand.
- SectorAgriculture & resourcesWhat they doCovalent Lithium manages the integrated Mt Holland lithium project in Western Australia, including mining, concentration and lithium hydroxide refining.
- SectorAgriculture & resourcesWhat they doCSBP produces industrial chemicals and ammonium nitrate for resources customers, and manufactures and distributes fertilisers for agriculture.
- SectorMedia & telecomWhat they doFlybuys operates a consumer loyalty program and associated customer data business, jointly owned by Wesfarmers and Coles.
- SectorSoftware & IT servicesWhat they doGeeks2U provides onsite computer repairs, IT support, networking, security and data recovery services to households and businesses.
- SectorFinancial servicesWhat they doGresham Partners provides corporate advisory, funds management, property investment and capital solutions. Wesfarmers holds a 50% interest.
- SectorHealthcareWhat they doInstantScripts provides online doctor consultations, prescriptions, medical certificates and pathology requests to Australian patients.
- SectorAgriculture & resourcesWhat they doKleenheat retails natural gas to households and businesses and supplies electricity to commercial customers in Western Australia.
- SectorConsumer & retailWhat they doKmart designs and sells household goods, clothing and everyday products through stores in Australia and New Zealand.
- SectorConstruction & infrastructureWhat they doModWood manufactures composite decking, marine boards and outdoor screens using recycled timber and plastics.
- SectorIndustrials & manufacturingWhat they doNZ Safety Blackwoods supplies safety products, uniforms, engineering supplies and packaging to businesses in New Zealand.
- SectorConsumer & retailWhat they doOfficeworks sells office supplies, technology, furniture, art materials and educational products through Australian stores and online.
- SectorHealthcareWhat they doSILK Group operates owned, joint venture and franchised clinics providing non-surgical cosmetic treatments and skincare products.
- SectorHealthcareWhat they doSiSU Health operates self-service health screening stations measuring indicators including blood pressure, body composition and diabetes risk.
- SectorConsumer & retailWhat they doTarget operates Australian retail stores selling clothing, homewares and other consumer products.
- SectorIndustrials & manufacturingWhat they doTool Kit Depot sells tools, equipment and workwear to trade and DIY customers and provides related servicing.
- SectorConstruction & infrastructureWhat they doWespine Industries operates a plantation softwood sawmill and supplies structural timber for construction, landscaping and packaging.
- SectorIndustrials & manufacturingWhat they doWorkwear Group manufactures and supplies work clothing, uniforms and footwear through brands including KingGee, Hard Yakka and NNT.
Sources
- wesfarmers.com.au · portfolio page
- wesfarmers.com.au · website
- wesfarmers.com.au · research
- wesfarmers.com.au · research
- wesfarmers.com.au · research
- wesfarmers.com.au · research
- wesfarmers.com.au · research
- wesfarmers.com.au · research
- wesfarmers.com.au · research
- wesfarmers.com.au · research
- wesfarmers.com.au · research
- wesfarmers.com.au · research
- wesfarmers.com.au · research
- wesfarmers.com.au · research
The truth, first.Data as at 2026-09-26