Latest Distribution And Wholesale News

Comms Group Limited is set to divest its onPlatinum division for $30 million, aiming to strengthen its balance sheet and return capital to shareholders. The company maintains solid FY26 guidance, driven by organic growth and cost rationalisation.

Stealth Group Holdings has delivered record half-year results for 1H26, boosted by its strategic acquisition of Hardware & Building Traders and a strengthened balance sheet. The company is now targeting over $500 million in sales by FY28, signalling ambitious growth in Australia's fragmented hardware and industrial distribution market.