Wesfarmers to Consolidate Industrial & Safety Businesses into Bunnings Group

NewTimeSpace News: On June 2, 2026, Wesfarmers unveiled plans to fold Blackwoods and Workwear Group, its industrial and safety businesses, into Bunnings Group.

Anthony Gianotti, CFO of Wesfarmers, commented the restructuring targets sustainable long-term shareholder value. The combined scale and capabilities are expected to elevate customer experience and tap growth potential among small and medium-sized clients. Post-consolidation, Blackwoods and Workwear Group will keep standalone operations and customer-facing brands, with Blackwoods continuing to serve large corporate customers.

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