Metcash acquires complete ownership of Mitre 10

Metcash, which supplies IGA supermarkets (Australia), has acquired 100% ownership of the Mitre 10 Group.

Metcash paid approximately $46.5m to move from 50.1% ownership to 100% ownership.

It is just over two years since Metcash acquired its initial 50.1% stake. In that time the Mitre 10 Group has reorganised its operations and grown its network across Australia.

Source: Metcash

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