Wesfarmers
Wesfarmers Limited is one of Australia’s largest public companies and one of Australia's largest retailers. Its headquarters are in Perth, Western Australia.
Wesfarmers is the largest private employer in Australia, with almost 200,000 employees across the country. Official records announced a record net profit of $1.05 billion for 2006 with operating costs of $8.9 billion (prior to the Coles Group takeover).
On 2 July 2007, Wesfarmers announced it was purchasing the Coles Group retail business for A$22 billion making it the largest successful take-over in Australian corporate history. Wesfarmers officially took control of Coles on 23 November 2007, after paying almost A$20 billion for the company.
Read more about Wesfarmers: History, Divisions
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