Corporate History

Our Background

Joyce Corporation Ltd is an ASX Listed {ASX: JYC}, Australian operated company focused on the Business-to-Consumer market, with its Head Office in Perth, Western Australia.

Established for more than 130 years, Joyce Corporation Ltd has grown to become a successful and well recognised brand in the Australian market. The Company started as a foam and furniture manufacturer and quickly became the largest in its field.

In 2005, the group began to undergo significant restructuring including the sale of the Joyce Foam Products business, divestment of its Moorebank NSW and Brendale QLD Property interests and the strategic acquisition of 100% of Bedshed Franchising.

In 2014, the group expanded its operations via the acquisition of a 51% controlling interest in KWB Group Pty Ltd, owners of the iconic Kitchen Connection and WallSpan retail showroom and installation business.

Most recently, Joyce Corporation Ltd acquired a 51% interest in Lloyds Online Auctions Pty Ltd, a long standing online auction business which also owns 51% of the onsite auction business and valuations business of Lloyds Auctioneers and Valuers Pty Ltd.

The Company is currently assessing opportunities across Australia for further investments in established businesses. Its corporate culture and expertise make it an ideal partner for many small to medium growth businesses.

Our Strategy

Joyce Corporation Ltd’s aim is to deliver above average returns and increasing dividends to its shareholders through delivering quality partnering solutions in fast growing businesses. This will be performed with a strong attention to maintain highly ethical standards and a quality driven corporate culture.

While the Company’s main focus lies in investing in new business activities, Joyce Corporation Ltd has recently reached a key milestone with the acquisition of modern corporate offices and warehouse facility in Perth, due for completion in December 2016. The group intends to consolidate its multi warehouse facilities, currently spread across Perth, into one central location.

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