Retail update
Tylers Rural will change to Nutrien Ag Solutions
The land where Tait Timber and Hardware is situated in the Melbourne suburb of Glen Iris is up for sale
Thu Feb 10 2022
Nutrien Ag Solutions has acquired Wimmera-based Tylers Hardware and Rural Supplies. Both parties reached an agreement for Tylers Rural to become part of the Nutrien Ag Solutions retail network, which was completed on 1 February 2022, according to the Stawell Times.
Tylers Rural has three locations at Rupanyup, Stawell and Murtoa in regional Victoria and will operate as Nutrien Ag Solutions. It has been in the Wimmera for over 33 years, and throughout its history has had a strong affiliation with Nutrien Ag Solutions as an independent member.
Tylers Rural co-owner Kelvin Tyler said this was the start of a fresh new chapter for the business. He told the Stawell Times:
Our valued customers remain our priority, and they can continue to expect the same high level of service and support, from the same familiar faces at our existing locations.
The integration will also see all three stores expand their range of agronomic services, as well as offering additional finance, insurance, livestock, wool and real estate services.
Nutrien Ag Solutions South East Australia region manager Jon White said:
This is a really exciting announcement, and we are pleased to welcome the staff from Tylers Rural across to the Nutrien business. We have had a long association with Tyler family and business and are looking forward to building on all the great work that they and their team have achieved, particularly Tylers Rural's strong in-field agronomic presence, which complements our business.
This acquisition provides Nutrien an opportunity to expand our merchandise and fertiliser offering to customers in each of these key communities, and bring the full range of Nutrien Ag Solutions activities.
Terry, Kelvin and Adrian Tyler continuing to lead and manage the business.
Tait Timber and Hardware
The site at 15 Weir Street, Glen Iris (VIC) where Mitre 10's Tait Timber and Hardware sits is for sale and expected to fetch more than $26 million, reports The Age newspaper.
The store has been supplying materials for building and renovations since 1905. While the business and buildings were sold in 2011 to Woolworths for the now defunct Masters Home Improvement business, the Hayes family retained the 8687sqm of land adjoining the M1 freeway and the railway. Mitre 10's parent company Metcash has a "ground lease" over the property, paying around $1 million a year in rent, according to The Age.
Stonebridge Property Group agents Justin Dowers, Julian White and Kevin Tong, with Gross Waddell ICR's Andrew Waddell, Danny Clark and Andrew Greenway are selling the property via expressions of interest.
Advise Transact's Mark Wizel is representing the family who bought the property in the 1960s.
