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Woodie's is an Irish DIY and home improvement retailing company. Founded in 1987 in Walkinstown, Dublin and opening the first store in the same year, it is a part of Grafton Group, Grafton Group plc. Woodie's is a nationwide company, having over thirty stores in Ireland. It operationally merged with Atlantic Homecare, the consumer division of Heiton Group that was acquired by Grafton Group in 2005, with all Atlantic Homecare stores eventually being rebranded as Woodie's after Atlantic Homecare entered examinership in 2012 History 1986 to 1990 The company was founded in the summer of 1987, and the first store opened in Walkinstown under the name 'Pay Less DIY'. The success of this store then led to the opening of a second store in Glasnevin in April 1988. The continued successes of the retail operations led to two new store openings in 1990, one in Sallynoggin and the other in Cork (city), Cork. In 1989, ‘Pay Less DIY’ was purchased by the Grafton Group and was rebrande ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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