Does anyone have a view on this acquisition? There are likely some synergies that can be extracted (warehousing, logistics etc) but, at a first glance, it does not jump out at me as a particularly complementary business. Although, I accept I have not familiarised myself with its product offering.
This AFR article (https://www.copyright link/business/retail/wesfarmers-buys-catch-group-for-230m-20190612-p51wsz) provides some high level numbers of the business.
Ann: Acquisition of Catch Group Holdings Limited, page-2
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