Bunnings eyes acquisitions to lure tradie dollar
Bunnings eyes acquisitions to lure tradie dollar Share Bunnings plans to build a trans-Tasman network of professional tool stores, flagging further bolt-on acquisitions to grab a bigger share of the home and commercial construction markets. Bunnings managing director Michael Schneider has unveiled plans to open as many as 75 trade tools stores in Australia and New Zealand over the next three to five years – starting in Western Australia later this year – following its successful acquisition of Adelaide Tools almost two years ago. Stores outside South Australia will not trade under the Ade...
Source: afr.com