M&A Deal Summary

Foster s Group Acquires Southcorp

On April 22, 2005, Foster s Group acquired beverage company Southcorp for 3.2B AUD

Acquisition Highlights
  • This is Foster s Group’s 6th transaction in the Beverages sector.
  • This is Foster s Group’s 0th largest (disclosed) transaction.
  • This is Foster s Group’s 4th transaction in Australia.

M&A Deal Summary

Date 2005-04-22
Target Southcorp
Sector Beverages
Buyer(s) Foster s Group
Deal Type Add-on Acquisition
Deal Value 3.2B AUD

Target

Southcorp

Artarmon, Australia
Southcorp Ltd. is an Australian producer of premium wines. The Company was formed in 1888 and is based in Artarmon.

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Buyer(S) 1

Buyer

Foster s Group

Melbourne, Australia

website


Category Company
Founded 1889
Sector Beverages
DESCRIPTION

Foster's is an Australian brand of lager. The Company was formed in 1889 and is based in Melbourne, Australia.


DEAL STATS #
Overall 6 of 6
Sector (Beverages) 6 of 6
Type (Add-on Acquisition) 6 of 6
Country (Australia) 4 of 4
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-04-03 T Gallant Winemakers Pty

Main Ridge, Australia

T'Gallant Winemakers Pty Ltd. is an Australian producer of wines. The Company was formed in 1990.

Buy AU$15M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-15 Shanghai Foster s Brewery

Shanghai, China

Shanghai Foster's Brewery Co., Ltd., manufactures and markets beer in Shanghai. The most popular brand in the brewer's lineup is "Guangming," a widely consumed low-priced beer (under 2 yuan) that has become a staple in the commercial hub of Shanghai, located in the northern part of the city.

Sell -