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Synergies from the merged Independent Hardware Group operation are expected to reach $15 million to $20 million by the end of 2018. This is after sharing the benefits with HTH and Mitre 10 retailers. As a total business, Metcash is performing strongly in its liquor and hardware divisions. The supermarket and convenience division is under ...
Independent Hardware Group is born, combining Mitre 10 and Home Timber & Hardware Group networks, bringing together leading independent hardware brands 2020 Metcash acquires 70% of Total Tools (increasing to 85% in 2021, and 100% in 2023).
- Mitre 10. Mitre 10 is the ‘Mighty Helpful’ independent hardware store – Proudly Local, Helping Locals. Formed in 1959 when eight independent trade operators came together to form a buying cooperative.
- Home Hardware. Home Hardware is the home of local advice and top-notch service. Home Hardware is a strong national chain of independently owned family-run hardware stores servicing local communities across Australia.
- Total Tools. Total Tools have been passionately servicing Australia for more than 30 years. We stock the widest range of the world’s biggest professional tool brands so you can be confident you will find exactly the tool you need to get your job done.
- Hardings Hardware. HardwareBuilt upon a foundation of old-school values since opening for business in 1958, Hardings Hardware is a leading choice for builders and renovators.
www.metcash.com. Metcash Limited is an Australian wholesaler and conglomerate company that distributes food, liquor and hardware. The company is headquartered in Macquarie Park, NSW. [1] The company has three business divisions, being Food & Grocery, Liquor (Australian Liquor Marketers), and Hardware (Independent Hardware Group).
In November 2009, Metcash released a statement to the Australian Securities Exchange with a proposal for Metcash to take 50.1% in the Mitre 10 Hardware Group for A$55 million cash injection. The deal proposed giving Metcash the right to buy the remaining 49.9% in the company at the end of 2012 or 2013. [ 8 ]
Mark Laidlaw appointed as CEO. Metcash acquires 50.1% of Mitre 10. 2011. Mitre 10 signs up Scott Cam as brand ambassador. 2012. Metcash acquires 100% ownership of Mitre 10. 2015. Mitre 10 launches it's first store of the future in Sebastopol, Victoria. Today...
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Aug 24, 2016 · Eloise Keating. August 24, 2016. The Mitre 10 and Home Timber & Hardware (HTH) chains will be combined into a $2 billion hardware giant, with Mitre 10 owner Metcash revealing on Wednesday that it ...