Bunnings completes Beaumont Tiles acquisition

Australian DIY retailing market leader Bunnings has completed the acquisition of the hard surfaces retailer Beaumont Tiles. With a specialist offer across hard surfaces products, floor and wall tiling, bathroomware and other hard surfaces accessories, Beaumont Tiles has 116 outlets distributing across Australia. It has company owned and franchised stores servicing trade, home builders and renovators, and the commercial sector. "The acquisition will help us better cater to the needs of our builder and flooring trade customers who will benefit from Beaumont Tiles' specialist design knowledge and extensive hard surfaces range", Bunnings group managing director, Mike Schneider, said. The overtaken company "will continue to be run as a separate and distinct business," he added.