What Catch reveals about Wesfarmers’ acquisition strategy

Last week retail conglomerate Wesfarmers announced it entered into an agreement to acquire Catch Group for $230 million pending approval by the Australian Competition and Consumer Commission. The online marketplace will continue to function as an independent business unit under the leadership of Kmart Group managing director Ian Bailey, and will support the growth of Kmart and Target’s e-commerce offers through supply chain, fulfilment and online execution. “Catch will also benefit from the

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