Tag: Metcash

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...

Independent retailers crowned at the 2023 IGA Awards of Excellence

IGA and Foodland IGA stores from across Australia were formally acknowledged at the National IGA Awards of Excellence held at The Star Gold Coast on 17 July. This year’s awards were hosted by...

Metcash reports strong growth in FY23 full year results

Metcash Group revenue, which excludes charge-through sales, increased 6.2% to $15.8bn (FY22: $14.9bn). Including charge-through sales, Group revenue increased 5.7% to $18.1bn (FY22: $17.1bn), with growth in each pillar building on the strong...

Metcash appoints new Food CEO

Metcash has announced the appointment of Grant Ramage as Chief Executive Officer of the Company’s Food pillar, with effect from 1 May 2023. The appointment follows the completion of a global search...

Metcash drives growth with automated order fulfilment at new DC

Metcash will integrate a Dematic goods-to-person (GTP) order fulfilment solution within its new Melbourne distribution centre (DC). The new 115,000sqm DC, located in Truganina, will service grocery, perishable, liquor, and convenience customers in...

Metcash and Goodman break ground on largest wholesale DC in Australia

Start of construction of Metcash’s new Victorian distribution centre was marked today with a smoking ceremony and soil turning event. The new mega distribution centre at Goodman Group’s RBR Hub in Truganina will...
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