Wesfarmers Limited is an Australian conglomerate with diverse business interests. It operates primarily in Australia and New Zealand and has a significant presence in various industries, including retail, chemicals, energy, fertilizers, industrial products, and safety equipment. The company is listed on the Australian Securities Exchange under the ticker symbol WES and is a component of the S&P/ASX 200 index. Wesfarmers is one of the largest companies in Australia in terms of revenue, generating $30.8 billion in 2020. The company has a wide range of subsidiaries and holdings, which contribute to its business portfolio and overall success.
Key Takeaways:
- Wesfarmers is an Australian conglomerate with diverse business interests.
- It operates primarily in Australia and New Zealand.
- The company has a significant presence in various industries, including retail, chemicals, energy, fertilizers, industrial products, and safety equipment.
- Wesfarmers is listed on the Australian Securities Exchange under the ticker symbol WES.
- The company generated $30.8 billion in revenue in 2020.
Wesfarmers Retail Subsidiaries
Wesfarmers, the Australian conglomerate, owns a number of retail subsidiaries that have become household names. One of its major retail subsidiaries is the Bunnings Group, which operates the popular Bunnings Warehouse stores. Bunnings Warehouse is known for its extensive range of home improvement and outdoor living products, making it a go-to destination for DIY enthusiasts and homeowners. With its emphasis on quality, affordability, and customer service, Bunnings has established itself as a leader in the retail industry.
The Kmart Group is another prominent subsidiary under the Wesfarmers umbrella. This group includes well-known discount department stores like Kmart and Target. These stores offer a wide range of affordable products, from clothing and homeware to electronics and toys, appealing to budget-conscious shoppers who seek value without compromising on quality.
Officeworks, another retail subsidiary, is a leading supplier of office products in Australia. It caters to businesses, students, and individuals, offering a vast selection of office supplies, technology, furniture, and printing services. Its commitment to low prices and a convenient shopping experience has made Officeworks a trusted destination for all office needs.
Wesfarmers OneDigital
Wesfarmers OneDigital is a subsidiary that encompasses various online businesses. One of its notable brands is Catch.com.au, an online marketplace known for its daily deals and discounted prices on a wide range of products. Catch.com.au offers a convenient and value-oriented shopping experience, attracting a large customer base. Additionally, Wesfarmers OneDigital includes OneData, a data-driven business that complements Wesfarmers’ other operations by leveraging data and analytics to drive insights and enhance customer experiences.
| Retail Subsidiary | Main Focus |
|---|---|
| Bunnings Group | Home improvement and outdoor living |
| Kmart Group | Discount department stores |
| Officeworks | Office products and supplies |
| Wesfarmers OneDigital | Online marketplace and data-driven business |
Wesfarmers Industrial and Other Holdings
When it comes to industrial and other holdings, Wesfarmers has established a strong presence in various sectors. One of its key subsidiaries is Wesfarmers Chemicals, Energy & Fertilisers (WesCEF), a leading player in the production and marketing of chemicals, fertilizers, and gas products. With a diverse portfolio, WesCEF contributes significantly to Wesfarmers’ overall success.
Wesfarmers also owns Wesfarmers Industrial and Safety, a company that specializes in providing industrial and safety products and services. Known for its commitment to safety and quality, this subsidiary plays a crucial role in serving the needs of industries across Australia and New Zealand.
In addition to its industrial ventures, Wesfarmers has made strategic investments in the health sector. Through its ownership of Australian Pharmaceutical Industries and various pharmacy brands, the company plays a vital role in the healthcare industry, ensuring access to essential medication and healthcare services for the community.
Wesfarmers doesn’t stop there. It has also diversified its holdings into other areas. For instance, the company holds a significant stake in the BWP Trust, a retail property trust specializing in large-format retail properties. This investment helps Wesfarmers diversify its portfolio and enhance its long-term growth potential.
Furthermore, Wesfarmers holds a 50% shareholding in Gresham Partners, a leading independent financial services business. This strategic partnership allows Wesfarmers to access expert financial services and further strengthen its position in the market.
Lastly, Wesfarmers owns 50% of Wespine Industries, a renowned softwood sawmill operating in Western Australia. This investment demonstrates the company’s commitment to the local economy and its dedication to supporting sustainable industries.
FAQ
What companies does Wesfarmers own?
Wesfarmers owns several companies across various industries, including retail, chemicals, energy, fertilizers, industrial products, and safety equipment. Some of its prominent subsidiaries include the Bunnings Group, Kmart Group, Officeworks, and flybuys. Wesfarmers also has investments in companies like Australian Pharmaceutical Industries and Gresham Partners.
What are Wesfarmers’ retail subsidiaries?
Wesfarmers owns several retail subsidiaries, including the Bunnings Group, which operates popular home improvement stores like Bunnings Warehouse. The Kmart Group includes discount department stores like Kmart and Target. Officeworks is a leading retailer and supplier of office products. Wesfarmers also has a 50% share in flybuys, a loyalty and data company.
What are Wesfarmers’ industrial and other holdings?
Wesfarmers has a significant presence in the industrial sector through its subsidiaries. Wesfarmers Chemicals, Energy & Fertilisers (WesCEF) is responsible for the production and marketing of chemicals, fertilizers, and gas products. Wesfarmers Industrial and Safety provides industrial and safety products and services. Wesfarmers also has holdings in the health industry, BWP Trust (a large format retail property trust), Gresham Partners (a financial services business), and Wespine Industries (a softwood sawmill operating in Western Australia).