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MN-65021

Wesfarmers and Built Group / Built Living Joint VentureMN-65021

View on ACCC

Processing timeline

2

days

Filed

6 Aug 2026

Decision Due

17 Sept 2026

Est decision date: 9 Sept 2026. Based on 59 decided Professional & Business Services notifications.

Type
Notification
Outcome
Pending
Stage
Phase 1 - initial assessment
Status
Under assessment

Parties

Acquirer(s)

Wesfarmers Built Pty Ltd ACN - 698 309 509, Built Living (Built Investor) Pty Limited ABN - 71 698 095 831

Target(s) or Vendor(s)

Built Living Holdings Pty Limited ABN - 39 698 096 945

Other parties

Wesfarmers Holdings Pty Ltd ABN - 23 094 800 665, Wesfarmers Limited ABN - 28 008 984 049, Built Group Holdings Pty Limited ABN - 88 163 462 637

Summary

Wesfarmers Limited and Built Group Holdings Limited are establishing an incorporated joint venture, Built Living Holdings Pty Limited. This venture will develop advanced manufacturing facilities for prefabricated residential apartment buildings nationally. Wesfarmers is an ASX-listed diversified company, partnering with Built Group, a privately held Australian construction and development group.

Acquisition details

Wesfarmers Limited ( Wesfarmers ) and Built Group Holdings Limited ( Built Group ) propose to establish an incorporated joint venture called Built Living Holdings Pty Limited ( Built Living ). Built Living will establish advanced manufacturing facilities for the development of prefabricated residential apartment buildings on a national basis. Wesfarmers is an ASX-listed diversified company with a broad portfolio spanning retail (including home improvement, general merchandise, office supplies and health), industrials and chemicals, resources, and data‑enabled businesses. Key brands include Kmart, Target, Officeworks, Wesfarmers Health (which operates the Priceline brand), and Bunnings Warehouse. Built Group is a privately held Australian construction and development group headquartered in Sydney, operating primarily in the commercial and industrial building construction sector. It provides end‑to‑end contracting services including construction, partnering with public and private clients to deliver large‑scale building and infrastructure projects across sectors such as commercial, residential, health, education and government.

Consultation

The ACCC has prepared a questionnaire on the Acquisition. Submissions or information in response to the questionnaire should be provided by 14 August 2026 via email to mergers@accc.gov.au with the title Submission re: Wesfarmers and Built Group – Built Living Joint Venture . The ACCC’s ability to give detailed consideration to submissions received after this time may be limited.

Industry

Broad:Professional & Business Services

Consultations

7 Aug 2026Questionnaire - Wesfarmers and Built Group – Built Living Joint VentureAttachmentDOCX116.4 KB

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