Wesfarmers acquires online retailer Catch Group

Source: Wesfarmers, Wednesday, Jun 12, 2019

Wesfarmers has entered into an agreement to acquire Australian online retailer Catch Group for cash consideration of AUD230 million. Catch Group is an established, profitable and cash-generative business that operates an online business model offering branded products on a first-party basis and a third-party online marketplace. Its online operations are supported by two fulfilment centres located in Victoria.