M&A Deal Summary

Wesfarmers Acquires Coles Group

On November 23, 2007, Wesfarmers acquired retailer Coles Group

Acquisition Highlights
  • This is Wesfarmers’ 1st transaction in the Retail sector.
  • This is Wesfarmers’ 3rd transaction in Australia.

M&A Deal Summary

Date 2007-11-23
Target Coles Group
Sector Retail
Buyer(s) Wesfarmers
Deal Type Add-on Acquisition

Target

Coles Group

Tooronga, Australia
Coles is a retailer, with businesses in supermarkets, general merchandise, liquor, fuel and convenience, and office supplies.

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Buyer(S) 1

Buyer

Wesfarmers

Perth, Australia

Category Company
Founded 1914
Sector Diversified
Employees118,000
Revenue 45.6B AUD (2025)
DESCRIPTION

Wesfarmers is a diversified Australian holdings company. Wesfarmers' business segments include supermarkets, department stores, home improvement and office supplies; coal production and export; chemicals, energy and fertilisers; and industrial and safety products. Wesfarmers was founded in 1914 and is based in Perth, Australia.


DEAL STATS #
Overall 3 of 6
Sector: Retail M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Australia M&A 3 of 5
Year: 2007 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-01 Linde Gas Pty

Yennora, Australia

Linde Gas Pty is an industrial, medical, and specialty gas company, produces and supplies gases.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-16 Wesfarmers Premier Coal

Collie, Australia

Wesfarmers Premier Coal Limited operates an open and underground cut coal mine in Western Australia.

Sell $297M