J. C. Penney Company Acquisitions and Exits, 4 Deals Between 1983 and 2011
retail Company

J. C. Penney Company has acquired 3 companies. It has also divested 1 asset.

J. C. Penney Company’s largest acquisition to date was in 1996, when it acquired Eckerd for $2.6B. It’s largest disclosed sale occurred in 2004, when it sold Eckerd to CVS Health for $4.5B. J. C. Penney Company has acquired in 3 different US states. The Company’s most targeted sectors include apparel/textiles (34%) and financial services (34%).

Join Mergr and gain access to J. C. Penney Company’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the retail sector.

J. C. Penney Company, Inc.

6501 Legacy Drive,
Plano, Texas 75024
United States,
(972) 431-1000
www.jcpenney.com

M&A Summary

Buy vs Sell

Year ≤ '14 '15 '16 '17 '18 '19 T
Buy (0.0/yr) # 3 - - - - - 3
vol $2.9B $2.9B
Sell (0.0/yr) # 1 - - - - - 1
vol $4.5B $4.5B
  4

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Deal Values

Buy # TOTAL
> $1B Sign-up to View
$100M to $1B Sign-up to View
< $100M Sign-up to View
TOTAL Sign-up to View
Largest Eckerd Corp.
$2.6B (1996-11-04)
Sell # Total
> $1B Sign-up to View
$100M to $1B Sign-up to View
< $100M Sign-up to View
Total Sign-up to View
Largest Eckerd Corp.
$4.5B (2004-04-06)

Retail M&A - Last 3 Years

When analyzing the retail sector as a whole, according to Mergr, in the last 3 years, there are 167 retail companies that have made at least 1 acquisition, 5 have acquired at least 5 companies, and 1 has acquired more than 10 companies.

The most prolific strategic retail acquirer over the past 3 years is Camping World Holdings, with 13 acquisitions. The most prolific private equity acquirer in the retail sector over the past 3 years is AURELIUS Equity Opportunities SE & Co. KGaA with 4 platform acquisitions.


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