BNET Industries

Last Fiscal Year Sales:$368.3M
- Public
- US
Dow Jones Description
Mfr. of Paints, Lacquers, Wood Stains, Clear Finishes, Fillers, Sealers, Automotive Coatings, Protective & Marine Coatings & Line-Marking Systems
Acting CEO
John NolanNumber of Employees 1,992
Contact Information
Level 4 2 Burbank Pl
Baulkham Hills
(61) 296216255
Peer Companies
NAICS Code Paint and Coating Manufacturing: 325510
Recent Events
-
PRESS DIGEST-Australian Business News - Aug 4
News & Analysis
Filter by
wattyl ltd. - All News and Analysis
Wattyl paints brighter picture after restructure.
Byline: Henry Byrne Oct 24, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Some analysts are regarding Australian-listed paint maker Wattyl more favourably, in the wake of its restructuring initiatives. Adam Mitchell of Foresight Capital has issued a "buy" recommendation...
Wattyl beats odds to keep promises.
Byline: Henry Byrne Aug 22, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Australian paint manufacturer Wattyl has exceeded its earnings forecast for 2005-06, despite a difficult housing market. The company reported on 22 August 2006 that earnings before interest and...
Wattyl takes heart from 23% rise in pre-abnormal profit.
Byline: Scott Rochfort Aug 22, 2006 (The Sydney Morning Herald - ABIX via COMTEX) -- Wattyl has registered a 65% drop in its 2005-06 net profit to $A4.7m. The company had incurred a one-off cost of $A12.6m due to its restructuring efforts and...
Wattyl brushes up for future.
Aug 22, 2006 (The Australian - ABIX via COMTEX) -- Australian paint manufacturer, Wattyl, expects sales to improve in 2006-07. It has posted a net profit of $A4.08 million for 2005-06, a fall of 64.6 per cent. MD John Nolan said that sales were $A425.3...
Wattyl sell? Haymes eyes bidder's paint assets.
Byline: Matt O'Sullivan May 14, 2006 (The Age - ABIX via COMTEX) -- Haymes Paints has indicated that it could buy some of Barloworld's paint assets if they are put on the market. South Africa-based Barloworld is offering $A3.80 a share for Australian-listed...
Allco out of Wattyl frame.
May 11, 2006 (New Zealand Hardware Journal - ABIX via COMTEX) -- Australian company, Allco Equity Partners, has abandoned its takeover bid for Australasian paint maker, Wattyl. Allco made a $A274.8 million offer for Wattyl. It faced a rival $A321 million bid from South African...
Paint remover: Allco drops Wattyl bid.
Byline: Henry Byrne Apr 03, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Allco Equity Partners has again failed in a takeover bid, but insists there is no cause ...
Wattyl board sticks with Barloworld.
Byline: Henry Byrne Mar 30, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Wattyl would rather continue on alone than accept Allco Equity Partners's takeover bid. John Nolan,...
Allco retreats from Wattyl duel.
Byline: Scott Rochfort Mar 29, 2006 (The Sydney Morning Herald - ABIX via COMTEX) -- Allco Equity Partners AEP has decided to walk away from its takeover offer for Australian-listed...
Allco drops bid for Wattyl.
Byline: Scott Rochfort Mar 29, 2006 (The Age - ABIX via COMTEX) -- Allco Equity Partners AEP has decided to walk away from its takeover offer for Australian-listed paint company, Wattyl. On ...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| John Nolan | Acting CEO |
| D.J. Grady | Chief Financial Officer |
| Urs Meyerhans | CFO |
| Ian E. Jackson | Managing Director |
| J D Nolan | Managing Director |
| Dean Henderson | General Manager, Architectural & Decorative |
| Joe McFadries | General Manager, Industrial |
| Martin Robb | Manager, Manufacturing, Natl |
| Paul Breeze | Group Technology Manager |
| Jennifer Waldegrave | Controller, Group Finance |
| J W Ingram | |
| Rebecca Roberts | |
| Diane Grady | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| John Ingram | Chairman |
| M. Brown | Board of Directors |
| Patty Akopiantz | Board of Directors |
| Peter Cadwallader | Board of Directors |
| R.B. Flynn | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | Acting CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | Chief Financial Officer | Current |
| Wattyl Limited | Board of Directors | Current |
| McKinsey & Company, Inc. | partner | Former |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | CFO | Current |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | Managing Director | Current |
| Wattyl Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | Managing Director | Current |
| Amatek Holdings Limited | non-executive director | Former |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | General Manager, Architectural & Decorative | Current |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | General Manager, Industrial | Current |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | Manager, Manufacturing, Natl | Current |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | Group Technology Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | Controller, Group Finance | Current |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | Current | |
| Crane Group Limited | Managing Director | Former |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | Current |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | Chairman | Current |
| Rinker Materials Corporation | Board of Directors | Current |
| Crane Group Limited | Board of Directors | Current |
| Crane Group Limited | Managing Director | Former |
| Wattyl Limited | Board of Directors | Former |
Diane Grady has been a full time Non-Executive Director of various companies since 1994 and a Director of the Company since 10 May 2002. She is currently a Director of Woolworths Limited and Wattyl Limited and was formerly a Director of Lend Lease Corporation Limited and the Lend Lease US Office Trust. She is also a Trustee of the Sydney Opera House, a Director of the Australian Institute of Management (New South Wales) and a Governor of Ascham School in Sydney. Previously, Ms Grady was a partner with McKinsey & Co where she spent 15 years consulting to clients in a broad range of industries on strategic and organisational issues. Ms Grady brings wide industry knowledge and experience in strategy and organisational issues to Board deliberations. Ms Grady is Chairman of the Remuneration and Organisation Committee.
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | Director | Current |
| Woolworths Limited | Director | Current |
| BlueScope Steel Limited | Board of Directors | Current |
| McKinsey & Company, Inc. | partner | Former |
| Sydney Opera House | Trustee | Former |
| Lend Lease Corporation Limited | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Wattyl Limited | Board of Directors | Current |
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