Wesfarmers' acquisition trail continues, winning approval from the Australian Competition and Consumer Commission for Linde Gas Ltd bid, and announcing the acquisition of industrial supply company Bullivants on the same day.
Western Australian industrial giant Wesfarmers Ltd has well and truly hit the acquisition road again, agreeing to buy its second bolt-on business in three months with a $500 million deal to purchase Linde Gas Australia.
Manufacturing is widely perceived to be an industry in terminal decline, so it's rather surprising that the Australian Bureau of Statistics found it to be one of Western Australia's biggest industry sectors, supporting more than 100,000 jobs.
Wesfarmers Ltd has cleared the last regulatory hurdle in its takeover bid for insurance group OAMPS Ltd, clearing the way for it to complete the offer once the remaining conditions have been satisfied.
Wesfarmers has made a $700 million cash offer for insurance broker OAMPS Ltd, the industrial company's first major move since Richard Goyder took over as chief executive in July last year.
Wesfarmers managing director Richard Goyder has seized an opportunity to fine-tune the conglomerate's management team while continuing to build up its investment and acquisition focus.
Richard Goyder has made the most significant move in his short tenure as Wesfarmers Ltd chief, creating a new stand-alone coal division and reshuffling his executive team on news of the departure of energy boss David Robb to head Iluka Resources Ltd.
Wesfarmers is boosting its executive team in readiness for an expansion of its energy business, including a possible move into electricity retailing and generation.
Wesfarmers Ltd subsidiary Energy Generation Pty Ltd, formerly StateWest Power, has been selected as the preferred bidder for five new power stations in Aboriginal communities in the Kimberley region.
The announcement last week by Wesfarmers Ltd of a $447.5 million half-year net profit wasn't enough to deter industrial analysts from pointing to a lack of growth in the diversified industrialist's non-energy divisions.
Perth-based industrial conglomerate Wesfarmers Ltd revealed it expected annual revenue and profit for 2005-06 will significantly exceed the previous financial year, after reporting a half-yearly net profit increase of 37 per cent.
Greening Australia is the largest environmental organisation in Australia, but its work is far removed from the confrontational approach associated with some conservation groups.
Wesfarmers' subsidiary Energy Generation Pty Ltd has been named by the state government as the preferred bidder to build, own and operate a new gas fired power station in Carnarvon.
A long-time sponsor of the arts community in Western Australia, Wesfarmers has again been recognised in 2005 for its continued commitment to supporting local artistic endeavours.
Jetstar Airways chief financial officer Terry Bowen (pictured) will rejoin Wesfarmers to head its industrial and safety division, following the resignation of Bob Denby.
WESFARMERS has budgeted to double its capital expenditure in the current financial year to more than $900 million, including a major expansion of its ammonium nitrate plant at Kwinana.
In Western Australia's most comprehensive executive salary survey, Mark Beyer looks behind the headline numbers to find the State's best value chief executives.
The close working relationship between Wesfarmers arts manager Helen Carroll and Art Gallery of Western Australia director Alan Dodge is the result of many years of dealing with e
WESFARMERS entity Kleenheat Gas has signed an agreement with GasNet to design, procure, build, commission and operate a Liquefied Natural Gas truck loading facility in Melbourne.
WESTERN Australian companies continue to set new benchmarks in their sponsorship of the arts, with traditional supporter Wesfarmers unveiling a major new program worth $500,000.
IT seems that we have seen our first results from negotiations for a free trade agreement with the US, with many Western Australian farmers ending up winners even though no deal has been signed yet.
A WA marketing officer is one of eight Wesfarmers employees chosen to take part in the Wesfarmers and Earthwatch Institute Employee Fellowship Programme.
RETURNS to shareholders, once considered the benchmark against which company directors' decisions were measured, now share a space with non-financial standards for community and environmental stakeholders.
WITH attention focusing on the development of a “branch office economy”, who would rate the likelihood of a Perth-based diversified industrial being a standout performer in terms of long-term TSR performance at a national level?
