Wesfarmers has a 50 per cent interest in Gresham Partners Group Limited, the holding company for the Gresham Partners investment banking operations. Gresham's principal business activities are the provision of investment banking advisory and strucutred finance services and the management of investment funds in private equity and property.
Gresham Private Equity
Gresham Private Equity was established in 1999 and is a leading mid-market private equity manager specialising in leveraged buy outs in both Australia and New Zealand. Wesfarmers is an investor in each of its three funds.
The current portfolio comprises Barminco, Silk Logistics Group and Tasmanian Walking Company.
Wesfarmers has a 50 per cent interest in Wespine Industries, which operates a plantation softwood sawmill in Dardanup in Western Australia. The mill's main product is machine-graded pine used in roof frames and other building construction.
Wesfarmers has an interest in approximately 23 per cent of the BWP Trust, a top 200 ASX listed property trust which owns predominantly warehouse retailing properties and, in particular, Bunnings Warehouses leased to Bunnings Group Limited. The Trust's current portfolio consists of a total of 70 properties across Australia.