Danks Acquires Magnet Mart And Flatman’s Timber & Hardware

Franchising.net.au:

Danks has taken a further step in the expansion of its business in the retail market with the acquisition of the Magnet Mart business and Flatman’s Timber & Hardware.

Magnet Mart, which comprises five stores in New South Wales/ACT, and Flatman’s Timber & Hardware, with two stores in Victoria, will join Danks’ growing portfolio of company-owned stores which includes the successful acquisition of the Gunns and Becks stores in Tasmania in May 2010.

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