Who does Metcash sell to?

We support over 1,600 stores including the well known IGA and Foodland brands. Our retailers are conveniently located and are known for being at the heart of the local community.

What stores does Metcash own?

Notable retailers the company owns include IGA, Campbell’s Cash and Carry, Foodland, Mitre 10 and Home Timber & Hardware.

Where is Metcash based?

Company Description: METCASH FOOD & GROCERY PTY LTD is located in Macquarie Park, NEW SOUTH WALES, Australia and is part of the Grocery and Related Product Merchant Wholesalers Industry. METCASH FOOD & GROCERY PTY LTD has 7,000 total employees across all of its locations and generates $10.94 billion in sales (USD).

How does Metcash make money?

Metcash Limited is a locally owned public company, deriving revenue from the wholesaling and distribution of groceries, liquor and hardware products.

How do you buy Metcash?

How to buy shares in Metcash

  1. Compare share trading platforms. To buy shares listed in Australia, you’ll need to sign up to a broker with access to the ASX.
  2. Open and fund your brokerage account.
  3. Search for Metcash.
  4. Purchase now or later.
  5. Decide on how many to buy.
  6. Check on your investment.

Does Metcash own IGA?

Independent Grocers of Australia (IGA) is an Australian chain of supermarkets. IGA is owned by Metcash, but individual IGA stores are owned independently.

Is Metcash Australian?

Home – Metcash | Australia’s leading wholesale distribution and marketing company.

Who owns Metcash Australia?

Formerly known as Davids, Metcash is majority controlled by South Africa’s Metro Cash & Carry, which holds some 72 percent of Metcash shares. The company remains listed on the Australia stock exchange and is led by former Metro executive Andrew Reitzer as CEO.

Who is the CEO of Metcash?

Jeff Adams (Dec 2017–)Metcash / CEO

Is Metcash a good buy?

MTS is a defensive income stock, it is not likely to make you rich, but it will continue to chug along and pay you attractive dividends in this low yield environment. If you are looking for Income and a safe place. Metcash is a good option. We hold it in the DAF Portfolio.

Is Metcash South African owned?

Metcash Trading Limited (Metcash) is officially born, replacing Davids Limited. The name acknowledges the pivotal role South African owned Metro Cash & Carry plays in the strategic direction of the company, a majority shareholder till 2004.