September 29, 2016 7:16 PM ET

Food and Staples Retailing

Company Overview of Terry White Group Limited

Company Overview

Terry White Group Limited provides franchise services to the Terry White Chemist (TWC) network in Australia. As of June 30, 2015, it operated 160 stores under the Terry White Chemists name. The company is also involved in the import and wholesale of products to the TWC network. In addition, it engages in financing business. The company, formerly known as TWC Group Investments Limited, is based in Milton, Australia.

50 Park Road

Ground Floor

Milton, QLD 4064

Australia

Key Executives for Terry White Group Limited

Chief Executive Officer
Chief Financial Officer
General Counsel and Company Secretary
General Manager of Merchandise & Marketing
Compensation as of Fiscal Year 2016.

Terry White Group Limited Key Developments

Terry White Group Mulls Listing

Terry White Group Limited is considering a public listing in the next "couple of years" after it unveiled a 64% increase in net profit for the financial year. Chief executive Officer, Anthony White said the group was focused on integrating the new business and had not ruled out further acquisitions to hit its growth target of 750 stores by 2021.

Terry White Might Look For Acquisitions

Terry White Group Limited is looking for acquisitions. Chief Executive Officer, Anthony White said that the company is now focused on integrating the new business and hasn't ruled out further acquisitions to hit their growth target of 750 stores by 2021. He said, “It's a good result and a good base to go forward with. We're not in any conversations with anyone at the moment but we are developing plans to bring forward more acquisitions.”

Terry White Group Mulls Acquisitions

Terry White Group Limited is seeking acquisitions. Terry White Group is looking for acquisitions to boost store numbers. Anthony White, Chief Executive of Terry White Group, is eyeing other like-minded pharmacy franchises with a view to lifting the number of stores in his network to at least 400 from the present 225 in the next few years. "We are looking to build our network to 400 to 500 stores in the next three to five years, you need that sort of scale to compete.” We do see a role for ourselves acquiring other franchise businesses because we've invested so much in the core retail capabilities over the last five years. Anthony White says the group could fund more substantial acquisitions with debt finance.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 4, 2016
Chemmart Pharmacy
 

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