Mitre 10 is an Australian company that engages in the retail sales and trade of different building materials. as a result of the company's diversity, Mitre 10 is also referred to as Mitre joint. The entire system is based on a unified system in which the store owners are members of a national group with voting rights. Established in Melbourne, Victoria, Australia, Mitre 10 has more than 60 years of delivering quality building materials to the Australian people. We also have more than 350 locations offering you the best deals in purchasing timber, paint, hand and power tools, kitchen and bathroom, Garden and Outdoor products, Farm Fencing products, and Trade and Retail Plumbing.
Mitre 10 was founded in 1959 by 7 men who were owners of hardware stores, such as Tom Molomby, Tom Danger, Reg Buchanan, Ian Nisbet, Bill Davey, Jack Womersley and Bill Wilson. The organisation was formed to maximise their energy, and funds should advertise and promote their products and prove that independent operators give great advice and offer competitive prices. It didn't take long before the company grew and gained an additional 15 members in 1961. Later on, it had members joining in from Queensland, Newcastle, and different parts. Woolworth attempted to acquire the company but felt it was too complex for acquisition. So instead, Metacash bought 50.1% of Mitre 10 with an injection of $55 million. By 2012, Metacash completed its Mitre 10, becoming its subsidiary. Today, Mitre 10 has more than 16,500 employees and 360 stores nationwide.
