Wesfarmers

OVERALL
Owned	AUS
Rating

Retail, energy, insurance, chemicals

Founded in WA in 1914 as a farmers' cooperative, today Wesfarmers operations include department stores; home improvement and office supplies; insurance; chemicals, energy and fertilisers; and industrial and safety products. Acquired Coles Group in 2007 for $20 billion in the biggest takeover in Australian corporate history. Coles was spun-off in November 2018. Wesfarmers kept Officeworks, Kmart and Target, which were part of Coles Group when it was acquired by Wesfarmers.


Wesfarmers Ltd	AUS	website	email		twitter

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Company Assessment

PRAISE

CRITICISM

INFORMATION

Wesfarmers Ltd

Human Rights Benchmark

Modern Slavery disclosure quality

Efforts to pay a living wage

62/100 S&P Global ESG Score

Underpaying workers

Supply chain sourcing

35.3% in Newsweek Green Ranking 2017

Political donations

Climate action commitments

Tax paying in Australia

Sustainability claims

Previous involvement with coal

Modern Slavery statement

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Company Details

Type	Public company
Revenue	67.2 billion AUD (2018)
Employees	217,000 (2018)
Aus Manufacturing	Yes
Subsidiaries	Officeworks Ltd Office supplies retailer Established by Coles Myer in 1994. Today they operate over 160 stores across Australia, and is part of Wesfarmers' Home Improvement and Office Supplies division. Australian Pharmaceutical Industries Ltd Healthcare services API has four core business operations - pharmaceutical distribution, manufacturing, retail pharmacy brands and hospital and medical distribution. API was established as a chemists' co-operative in 1910 and listed on the ASX on 16 June 1997. The API retail pharmacy banner groups are Priceline, Soul Pattinson, and Pharmacist Advice. Almost 90 per cent of the 1579 pharmacies, health and beauty stores and beauty salons supplied by API are owned and operated by franchisees. Acquired by Wesfarmers in 2022. - API Consumer Brands Healthcare, pharmaceuticals & skin care New Zealand based manufacturer of health & beauty products. Owned by Australian-based pharmaceutical company, API, owner of Priceline. Catch Group Pty Ltd E-commerce Acquired by Wesfarmers for $230 million in 2019. Bunnings Group Ltd Hardware retail Australia's largest hardware retailer. Bunnings operate 211 Bunnings Warehouse stores and 63 smaller format Bunnings stores across Australia and New Zealand. Kmart Australia Pty Ltd Department stores Kmart and Target were part of the Coles Group when it was bought by Wesfarmers in 2007. Wesfarmers divested Coles (supermarkets and liquor) in 2018, but kept Kmart and Target, which were merged into Kmart Group in 2023. Kmart Group operates 324 Kmart and 128 Target stores across Australia and New Zealand. Wesfarmers also owns Bunnings, Officeworks and Priceline. Gresham Partners Ltd (50% owned) Investment and advisory house Gresham focuses on four key business areas: Corporate Advisory, Private Equity, Property and Asset Finance. 50% owned by Wesfarmers. Its private equity division specialises in mid-market leveraged buy-outs in Aust and NZ. Acquisitions include Witchery Fashions. Workwear Group Workwear This former division of Pacific Brands was established in 2010 after acquiring King Gee and Stubbies in 2001, and Hard Yakka, Stylecorp and NNT in 2007. Sold to Wesfarmers in August 2014. Manufacturing occurs in Australia, China, Indonesia, Bangladesh and Fiji.

Contact Details

Address	Level 14, Brookfield Place, Tower 2, 123 St Georges Terrace, Perth, WA, 6000, Australia
Phone	08 9327 4211
Email	info@wesfarmers.com.au
Website	www.wesfarmers.com.au