Tuesday 6 December 2011

Erskine Park. Approval granted

The China-based Bright Food Group has received final approval for its $530 million acquisition of food distributor, Manassen Foods, at Erskine Park. The company has plans to open a Sydney office to foster more acquisitions, according to The Australian Financial Review.

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Gregory Hills. First in NSW

The first Masters Home Improvement store in NSW has opened in Gregory Hills, with a staff of 150, taking the chain’s total numbers in Australia to six. Masters is a joint venture between Woolworths and US home improvement retailer Lowe's. There are currently 16 stores under construction across Australia.

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