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Tag: Metcash

Metcash releases full year results

Metcash's 2024 Full Year Results report that the company’s revenue increased 0.7% to $15.9 billion, and including charge through sales, increased 0.7% to $18.2 billion. “I am pleased to report that the company...

Metcash completes Superior Food acquisition

Metcash has announced the completion of its acquisition of Superior Food. This follows the company’s announcement in February that it had entered into a binding agreement to acquire the “strategically aligned” Superior Food...

Metcash joins the Australian Food Pact in fight to end food waste

In Australia, the equivalent of 29 million meals go to waste every day – enough to provide every Australian with lunch daily. Food waste is a problem from paddock to plate and...

Metcash’s acquisition of Superior Food not opposed

The ACCC will not oppose Metcash’s proposed acquisition of wholesale food distributor Superior Food Services. The competition regulator’s review focused on: How closely Metcash and Superior compete in the wholesale supply of food...

Metcash signs up to National Plastics Recycling Scheme

Australia’s leading wholesaler Metcash will be supporting the National Plastics Recycling Scheme (NPRS) to help close the loop on soft plastic waste. The NPRS is an industry-led scheme created to fill the gaps...

Metcash to acquire Superior Food and two hardware businesses

Metcash has entered into binding agreements to acquire three “strategically aligned” businesses. The company plans to buy Superior Food (for up to $412.3 million), Bianco Construction Supplies (for $82.2 million), and Alpine Truss...

Metcash reports 1.6% sales increase to $9B in FY24 half year results

Metcash Group reported revenue, which excludes charge-through sales, increased 1.3% to $7.8bn (1H23: $7.7bn). Including charge-through sales, Group revenue increased 1.6% to $9.0bn (1H23: $8.9bn) with growth in all pillars on their...

Metcash appoints Group CFO

Metcash has appointed Deepa Sita to succeed Alistair Bell as Group Chief Financial Officer. Mr Bell had earlier advised the Board of his intention to retire from the role. Ms Sita has extensive...
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