Willow Ware Australia
OVERALL |
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Owned |
AUS |
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Houseware and cookware
Founded in Melbourne in 1887. Acquired Starmaid in 2013 to become the largest peg manufacturer in Australia. One manufacturing facility in Tullamarine, Melbourne. Acquired by Marlin Brands-owned Decor Corporation in 2018.
Company Ownership
Willow Ware Australia Pty Ltd | AUS | website | ||||
The Decor Corporation Pty Ltd ![]() owns 100% of Willow Ware Australia Pty Ltd |
AUS | website | ||||
Homewares Founded in Melbourne in 1958 and acquired by Marlin Brands in 2017. Bought Willow Ware in 2018. | ||||||
Marlin Management Services Ltd ![]() owns 100% of The Decor Corporation Pty Ltd |
AUS | website | ||||
Consumer durables Acquired Albi in 2016, Decor in 2017, and Willow Ware in 2018. Serves more than 18,000 retailers throughout Australia and New Zealand. Acquired by investment companies Oaktree Capital Management and Alceon Group in 2019. | ||||||
» Oaktree Capital Management LP ![]() owns 50% of Marlin Management Services Ltd |
USA | website | ||||
Asset management Formed in 1995. Today they have offices in 17 cities in 12 countries. Three quarters of their investments are in North America. Investments include surfwear giants Quiksilver and Billabong. | ||||||
» Alceon Group Pty Ltd ![]() owns 50% of Marlin Management Services Ltd |
AUS | website | ||||
Private investment group Specialist advisory, investment, and capital solutions firm founded by former Babcock & Brown executives in 2010. Acquired Noni B in 2014. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Willow Ware Australia Pty Ltd | ||||
This company was prosecuted by the Victorian WorkCover Authority for failing to ensure the safety of machinery resulting in an accident whereby one employee's hand was crushed and a second employee's hand was partially amputated. The company received a fine of $50,000 with costs of $9,400.
Source: Worksafe Victoria (2011) |
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The Decor Corporation Pty Ltd | ||||
This company received a packaging performance level of 3 (Advanced) in its 2023 APCO Annual Report. Australian Packaging Covenant Organisation (APCO) is a not-for-profit organisation leading the development of a circular economy for packaging in Australia. Each year, APCO Members are required to submit an APCO Annual Report and Action Plan, which includes an overall performance level from 1 (Getting Started) to 5 (Beyond Best Practice).
Source: APCO (2023) |
According to their website, "Decor food containers and drink bottles are BPA free. BPA is not used in the manufacture of the raw materials or added during the manufacturing of the products".
Source: company website (2019) |
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Marlin Management Services Ltd | ||||
Marlin Brands is owned by two investment firms, one of which has criticisms.
Source: Shop Ethical (2020) |
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Oaktree Capital Management LP | ||||
This company has an investment in two companies which supply products to the gambling sector, Interblock and J&J Ventures Gaming.
Source: company website (2023) |
This company has an investment in EXCO Resources, an unconventional oil and natural gas exploration, exploitation, development and production company, with a focus on shale resource plays. Operates mainly in Texas, Louisiana, and Appalachia.
Source: company website (2017)
Foolow the link to see this company's policy on socially responsible investing.
Source: company website (2017)
UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement.
Source: UNPRI (2020)
This company is recommended for divestment by the Project of the American Friends Service Committee for its involvement in the Israeli occupation of parts of Palestine. Oaktree bought Veolia's operations in Israel, including a dump site in the occupied West Bank and a wastewater facility that serves illegal settlements.
Source: AFSC (2021) |
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Alceon Group Pty Ltd | ||||
This company was involved in a landmark court case heard in the NSW Supreme Court in 2015. Alceon agreed to lend $23 million to property development entity Quadwest, which was in desperate need of funds to pay significant creditors and ensure completion of a large residential project in Perth. One of the conditions of the loan was that the developer's elderly parents would need to give up their family home if Quadvest defaulted on the loan, which it did. The court found that this condition of the loan was "unconscionable", and the family home was saved.
Source: Bransgroves Lawyers (2015)
This company was founded by Phil Green and Trevor Loewensohn, two of the men behind Babcock & Brown, Australia's biggest corporate failure. This Crikey article reveals details of how Green retained a number of valuable assets and millions in cash, while the company he was running collapsed.
Source: Crikey (2014) |
Company Details
Type | Wholly-owned subsidiary |
Revenue | 55 million AUD (2013) |
Employees | 200 (2012) |
Aus Manufacturing | Yes |
Contact Details
Address | Narre Warren, VIC, 3805, Australia |
Phone | 03 9759 2222 |
Website | www.willow.com.au |