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Wesfarmers is a diversified Australian conglomerate, headquartered in Perth, managing a portfolio of market-leading retail and industrial businesses. Its operations span home improvement, general merchandise, office supplies, health services, chemicals, energy, and industrial safety products. The company employs disciplined financial management and effective oversight across its holdings to generate robust returns.
Founded in 1914, Wesfarmers began as The Westralian Farmers Limited, a Perth cooperative. Walter Harper crucially shaped its formation, driven by farmers needing collective action for trading and mutual support. This initiative empowered producers, establishing "the Farmers' Company" to foster agricultural economic stability.
Wesfarmers serves diverse customers, from individual consumers to industrial enterprises. Its core objective is delivering satisfactory shareholder returns through rigorous financial discipline and strong management of diverse operations. The company's vision prioritizes sustainable practices, emphasizing responsible environmental and community impact for enduring value creation.
Wesfarmers has 1 tracked investment across 1 company. The latest tracked deal is $25.0M Series C in ICIX in July 2014.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 22, 2014 | ICIX | $25.0M Series C | — | Draper Fisher Jurvetson, Starfish Ventures, Vertical Venture Partners |