BNET Industries
Market Cap:$573.2M
Last Fiscal Year Sales:$6.2B
- Public
- US
Dow Jones Description
Wesfarmers has moved far beyond its agricultural beginnings. Founded in 1914 and headquartered in Perth, Australia, Wesfarmers Limited (SYD: WES) operates in several different sectors.The company began as a farmers' cooperative, but now deals in home improvement products and building supplies, coal mining, gas processing and distribution, industrial and safety product distribution, chemicals and fertilizers manufacture, insurance, and rail transport. The company has annual revenue of about $6.2 billion and employs about 30,000 people. Wesfarmers and Genesee & Wyoming (G&W) of the United States, joint venture partners in the Australian Railroad Group (ARG), agreed to sell ARG to Babcock & Brown Limited and Queensland Rail for $1.3 billion. The sale covers freight operations in Western Australia and contracted services operating in New South Wales and Victoria. It also includes the remaining 43 year lease on the rail network in Western Australia, currently managed by the ARG subsidiary.
Number of Employees 30,000
Contact Information
Wesfarmers House, 11th Fl
Perth
(61) 893274211
Peer Companies
NAICS Code Other Management Consulting Services: 541618
Recent Events
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WESFARMERS' HARDWARE BIZ BUNNINGS TO OPEN 12 STORES IN NSW
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Australia's Tabcorp in talks to buy pubs-report
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FORMER W AUSTRALIA PREMIER TAKES SENIOR ROLE WITH WESFARMERS
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Asia Markets: Wesfarmers gains in Aussie supermarket race
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TPG to List Myer in $2 Billion IPO
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Australia's Metcash in supply deal with Coles
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AUSTRALIAN RETAILER WESFARMERS POSTS NET PROFIT RISE TO US$1.3B
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Wesfarmers CEO Focuses on Performance
News & Analysis
Filter by
valad property group and wesfarmers ltd. - All News and Analysis
Capital times at Valad.
- 2006-02-16
Byline: Jason Clout Feb 16, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Shares in Valad Property Group gained $A0.005 to close at $A1.41 on 16 February 2006, as ...
Valad bulks up in retail.
- 2005-12-19
Byline: Kathy Mac Dermott Dec 19, 2005 (The Australian Financial Review - ABIX via COMTEX) -- The Valad Property Group in Australia is worth up to $A723 million. It has moved into ...
Valad bulks up with Qld deal.(Valad Property Group, Leighton Properties)(Brief Article)
- 2005-03-15
Mar 15, 2005 (The Australian Financial Review - ABIX via COMTEX) The Valad Property Group has pre-purchased a bulky goods project in Kwanana on Queensland's Sunshine Coast. The $A86.8 million deal with Leighton Properties, Valad's first direct buy in Queensland, was struck on a...
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