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Burson to look over Metcash auto business as first WA stores open
2015-05-31 17:03:46| Grocery - Topix.net
Automotive parts supplier Burson Group says it will closely examine the Metcash automotive division as a potential acquisition because there's little overlap between the two firms, as it prepares to take the wraps off the first of its own Western Australian stores to fill a gap in its geographic network. Burson, which itself listed on the Australian Securities Exchange in April last year and has watched its share price climb by 74 per cent from its issue price of $1.82, is in expansion mode, and chief executive Darryl Abotomey said it would closely scrutinise the Metcash business.
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Category:Food and Related Products