What Companies are Owned by Wesfarmers?

When you’re browsing through the aisles of your local department store, have you ever stopped to wonder who owns all those familiar brands?

One of the largest conglomerates in Australia, Wesfarmers is the parent company behind several well-known franchises and businesses.

From hardware giant Bunnings Warehouse to discount department store Kmart, Wesfarmers offers a diverse range of products and services to consumers throughout the country.

Other noteworthy brands under their ownership umbrella include Officeworks, Target, and liquor retail chain First Choice Liquor.

With such a broad portfolio, you’ve likely purchased a product or two (or ten!) from a Wesfarmers-owned business.

Who owns Wesfarmers?

The majority of Wesfarmers shares are publicly owned, but a significant portion is held by some notable investors and institutions.

The largest shareholder in Wesfarmers was BlackRock Inc., an American investment management firm that owns 16 million shares.

Other major shareholders include Vanguard Group Inc. (12 million shares), Macquarie Group Ltd. (6 million shares), and AustralianSuper Pty Ltd. (5 million shares).

In total, institutional investors own over 40% of Wesfarmers’s stock.

In addition to these major institutional investors, the company is also owned by many individual shareholders, including members of the founding families who still hold a stake in the business.

These include some prominent names, such as former Chairman Robert Bosch (who holds approximately 5 million shares).

The company’s board of directors also includes several independent non-executive directors who are not affiliated with any major institutional shareholder.

What Brands are Owned by Wesfarmers?

The list of companies owned by Wesfarmers is as follows:

1. Bunnings Warehouse

Bunnings Warehouse is the largest hardware chain in Australia and is owned by Wesfarmers.

The company currently has over 300 stores across Australia and New Zealand, offering a wide range of products for DIY projects, home improvements, gardening supplies, building materials, outdoor furniture, and more.

In addition to its retail stores, Bunnings also has an online store where customers can shop from the comfort of their own home.

Bunnings is a well-known brand and customers rely on it for all their hardware needs.

2. Kmart

Kmart is a discount department store owned by Wesfarmers, and is one of the biggest retailers in Australia.

The company operates over 250 stores across the country, offering a wide range of products ranging from clothing and home goods to groceries and electronics.

Kmart has become an Australian household name due to its competitive prices and the variety of products it offers.

Customers flock to Kmart stores due to the low prices and great customer service.

3. Officeworks

Officeworks is Australia’s largest stationery and office supplies retailer, owned by Wesfarmers.

The company operates over 150 stores throughout the country, offering customers a wide range of products from office furniture and equipment to art materials and laptops.

Customers can also take advantage of Officeworks’ online store, which provides an even greater selection of products.

Officeworks is the go-to place for all your office and stationery needs.

4. Target

Target is a discount department store owned by Wesfarmers, with over 300 stores across Australia.

The company offers customers a wide selection of clothing, homewares, beauty products, electronics, and much more.

Target is known for its low prices and great customer service, making it a popular choice for shoppers looking to get the best value for their money.

Customers can also shop at Target online for even more convenience.

5. First Choice Liquor

First Choice Liquor is a liquor retail chain owned by Wesfarmers and is Australia’s largest independent liquor retailer, with over 150 stores across the country.

The company offers customers an extensive selection of wines, beers, spirits, and other alcoholic beverages at competitive prices.

Customers can also take advantage of First Choice Liquor’s convenient online store, which provides an even greater selection of products.

6. Home Timber & Hardware Group

Home Timber & Hardware Group is an Australian home improvement and hardware retail chain owned by Wesfarmers.

The company operates over 400 stores across Australia, offering customers a wide selection of products for all their DIY needs.

Customers can find anything from paint and tools to outdoor furniture and BBQs at Home Timber & Hardware’s competitively priced stores.

7. Catch Group (formerly known as Catch of The Day)

Catch Group, formerly known as Catch Of The Day, is an online retailer owned by Wesfarmers.

The company offers customers great deals on a range of products including electronics, homewares, toys and more.

With regular discounts and promotions across its range of products, Catch Group is a popular choice for savvy shoppers looking to find the best deal on their purchases.

8. Coles Supermarkets

Coles Supermarkets is one of Australia’s leading supermarket chains owned by Wesfarmers.

The company operates over 800 stores across the country, offering customers an extensive range of groceries and other products.

With a focus on providing great value for money as well as fresh produce and quality grocery items, Coles Supermarkets has become a go-to destination for many Australians.

9. Aboriginal Business Australia Limited (ABA)

Aboriginal Business Australia Limited (ABA) is a wholly-owned subsidiary of Wesfarmers.

ABA provides assistance to Indigenous businesses in Australia, helping them grow and succeed by providing access to capital, advice and mentoring support.

ABA also works with the wider business community to promote Aboriginal participation in the economy.

10. InsureMyRide Motorcycle Insurance

InsureMyRide Motorcycle Insurance is a wholly-owned subsidiary of Wesfarmers.

It provides motorcycle riders with affordable, competitive insurance options to protect their bikes and keep them on the road.

InsureMyRide offers customers tailored policies that are designed to meet their individual needs, allowing them to get the best cover for their ride at an affordable price.

11. BlueScope Distribution

BlueScope Distribution is another wholly-owned subsidiary of Wesfarmers.

BlueScope Distribution is Australia’s leading distributor of steel and aluminum products, providing customers with a range of high-quality materials for their construction and building projects.

The company also offers a comprehensive range of services such as cutting, fabrication, welding and more to help customers get the most out of their material purchases.

12. Ellaways Music

Ellaways Music is a subsidiary of Wesfarmers, offering customers a wide range of musical instruments and accessories.

Ellaways Music has stores located in Queensland, New South Wales and Victoria, providing customers with access to their full range of products. From guitars to drums to keyboards and more, Ellaways Music has something for everyone – from the beginner musician to the professional.

13. Mitre 10 (Australia)

Mitre 10 (Australia) is a wholly-owned subsidiary of Wesfarmers that provides customers with access to quality products and services for their home improvement projects.

Through its national network of stores, Mitre 10 offers an extensive range of tools, building materials, outdoor furniture, lighting fixtures, and more – everything you need to bring your DIY dreams to life.

14. Myer Department Stores

Myer Department Stores is a leading retailer in Australia, offering customers an extensive range of fashion, cosmetics, homewares and accessories.

Myer has department stores located across the country as well as online shopping options for those who prefer to shop from the comfort of their own home.

With its wide selection of products and services, Myer is a one-stop shop for all customers’ fashion and lifestyle needs.

15. Wespine Industries

Wespine Industries is a wholly-owned subsidiary of Wesfarmers that manufactures and supplies logging equipment, sawmill machinery and forestry products.

Wespine employs over 500 people in its manufacturing sites across Australia, providing customers with access to high-quality materials for their construction and building projects.

The company also offers a comprehensive range of services such as cutting, fabrication, and delivery services, all designed to ensure customers get the supplies they need when they need them.

16. WesCEF

WesCEF is an Australian-based investment company that provides finance solutions to Wesfarmers and its subsidiaries.

Through this arm of the business, Wesfarmers is able to invest in a range of industries including retail, manufacturing, energy and infrastructure.

This gives customers access to a wide range of financial products and services that can help them achieve their business goals.

17. Stratco Home Improvement Stores

Stratco Home Improvement Stores is another one of Wesfarmers’ subsidiaries, providing customers with everything they need for home renovations and improvement projects.

Stratco has stores across Australia and New Zealand, all stocked with the latest products at competitive prices.

From high-quality building materials to a range of DIY tools and accessories, customers can find everything they need for their renovation project at a Stratco Home Improvement Store.

18. Lumo Energy

Lumo Energy is an energy provider and a subsidiary of Wesfarmers.

Lumo provides residential customers with competitive electricity prices, as well as discounts on gas tariffs and solar power systems.

Through its customer-focused services, Lumo ensures that all households receive reliable, cost-effective energy solutions for their home and life style needs.

19. Curragh Coal Mine

Curragh Coal Mine is a subsidiary of Wesfarmers, operating the largest coal mine in Australia.

Located in central Queensland, the Curragh mine produces approximately 20 million tonnes of coal each year for domestic and international markets.

This provides Wesfarmers with a reliable source of income and a secure energy supply for its customers.

20. WesTrac CAT Equipment Dealership

WesTrac CAT Equipment Dealership is a subsidiary of Wesfarmers, providing customers with comprehensive sales and service for Caterpillar heavy equipment.

WesTrac offers an extensive range of quality equipment, parts, and services to help businesses in the mining, construction, and transport industries achieve greater productivity and profitability.

These brands offer a wide range of products and services across various industries, such as retail, hospitality, automotive, energy and resources.

With a powerful presence in the Australian market, Wesfarmers is one of the largest conglomerates in the country.

When was Wesfarmers Founded?

It all began in 1914 with a small grocery store in Western Australia, which eventually led to a cooperative of farmers and the creation of the Westralian Farmers Co-operative.

From there, the company went through several mergers and acquisitions before adopting the name Wesfarmers in 1984.

Today, it is one of the largest companies in Australia, spanning across various industries and employing over 105,000 people.

Who is the CEO of Wesfarmers?

Wesfarmers is a company that has been making a big impact in Australia and its CEO is Rob Scott.

With a background in finance and a strong focus on sustainable business practices, Scott has been leading Wesfarmers through a time of growth and change.

Under his leadership, the company has been expanding its operations, investing in new technologies, and working to reduce its environmental footprint.

With a commitment to creating value for shareholders while also doing good in the world, it’s clear that Rob Scott is a leader who is making a difference.

What is Wesfarmers Net Worth?

As of July 2024, Wesfarmers has a net worth of approximately AUD 79.43 billion.

This impressive figure is a testament to the company’s success and ability to adapt to changing markets.

Wesfarmers has proven itself to be a strong player in the Australian economy and beyond, and their net worth is a reflection of that.

Wesfarmers is an Australian company that has been around for over 100 years.

Their primary focus is on retail, but they also have a presence in other industries such as chemicals and fertilizers.

Where is the Headquarters of Wesfarmers?

The head office of Wesfarmers is located in Perth, Western Australia.

This city is known for its beautiful landscapes and stunning beaches, making it an ideal location for the national headquarters of a leading Australian company.

With Wesfarmers having a diverse portfolio of businesses under its umbrella, ranging from Bunnings Warehouse to Kmart, it is no wonder that their operations have such a strong presence in the west coast of Australia.

What is the Annual Revenue of Wesfarmers?

The company reported revenue of over AUD 28.74 billion in 2023.

This is a testament to the strength and stability of the company, which continues to be a key player in the Australian economy.

Wesfarm is also a major employer in Australia, providing jobs for thousands of people.

How Many Employees Does Wesfarmers Have?

The company employs over 107,000 people across all of its subsidiaries and businesses that operate in Australia and internationally.

Such a large group of employees means that Wesfarmers has a significant impact not only on the economy but also on local communities where it operates.

With such a diverse range of businesses and such a massive workforce, Wesfarmers is undoubtedly a significant presence in the business landscape.

Wesfarmers is a well-known Australian company involved in various industries. From retail to mining to fertilizers, the conglomerate has established itself as a significant player in the business world.

When we look at the number of employees, Wesfarmers is no slouch either.

Final Thoughts

With a market capitalization of approximately AUD 80 billion, Wesfarmers is one of the leading players in the Australian corporate world.

It owns many iconic brands and employs over 100,000 people worldwide.

Despite being founded almost a century ago, Wesfarmers has stayed innovative and flexible in adapting to the changing times, allowing it to remain competitive and financially successful.

Through its various subsidiaries in retail, resources, chemicals and fertilizers, industrial and safety products, insurance and office supplies, Wesfarmers remains poised to further bolster their leadership position within these sectors as well as expand into new ones to reap dividends for investors while also providing opportunities for employees all around the world.

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