Stealth Group Holdings has acquired HBT National Buying Group for an undisclosed amount, marking a significant corporate transaction in the Australian hardware and building supplies sector. HBT, established in January 1997, operates as Australia’s leading buying group for independent hardware, building suppliers, industrial, paint, garden, and timber retailers. The company's core mission is to provide independent businesses with the benefits of collective buying power while preserving their autonomy.
HBT has demonstrated consistent growth, expanding from 13 initial member stores to now supporting over 1,000 independent retail stores across all Australian states and territories as of 2024. The group has established robust relationships with 500 national and local suppliers, enabling its members to access competitive pricing and exclusive rebates. Beyond procurement, HBT enhances member value through tailored software solutions, demographic mapping tools, dedicated member support, and networking opportunities via annual conferences and state meetings.
This strategic acquisition by Stealth Group Holdings is poised to leverage HBT’s extensive, established network and deep operational expertise within the independent retail landscape. The synergy between Stealth Group’s corporate framework and HBT’s proven model is expected to reinforce HBT’s position, potentially expanding its service offerings and market footprint. The acquisition directly transfers ownership of HBT National Buying Group to Stealth Group, clearly distinguishing it from a capital raise.
The move reflects a strategic intent to consolidate and strengthen capabilities within the independent hardware and building industry. The combined entity is anticipated to further empower its extensive base of independent member stores and supplier partners, driving continued growth and innovation across the sector.