M&A Deal Summary

Tesco Acquires Booker Group

On January 27, 2017, Tesco acquired retailer Booker Group for 3.7B GBP

Acquisition Highlights
  • This is Tesco’s 9th transaction in the Retail sector.
  • This is Tesco’s largest (disclosed) transaction.
  • This is Tesco’s 10th transaction in the United Kingdom.

M&A Deal Summary
Date 2017-01-27
Target Booker Group
Sector Retail
Buyer(s) Tesco
Deal Type Merger
Deal Value 3.7B GBP
Advisor(s) J.P. Morgan Securities (Financial)

Target

Booker Group

Wellingborough, United Kingdom
website
Booker Group is a UK food wholesaler. The Group now comprises Booker Wholesale, Makro, Booker Direct, Classic Drinks, Ritter Courivaud, Chef Direct, Premier, Family Shopper, Budgens, Londis and Booker India. Booker Group was formed in 20014 and is based in Wellingborough.

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Buyer(S) 1

Buyer

Tesco

Welwyn Garden City, United Kingdom

website

Category Company
Founded 1919
Sector Retail
Employees345,000
Revenue 61.4B GBP (2022)
DESCRIPTION

Tesco is a multinational grocery and general merchandise retailer. Tesco was founded in 1919 and is based in Welwyn Garden City, the United Kingdom.

DEAL STATS #
Overall 12 of 12
Sector (Retail) 9 of 9
Type (Merger) 1 of 1
Country (United Kingdom) 10 of 10
Year (2017) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-17 Dobbies Garden Centres

Lasswade, United Kingdom

Dobbies Garden Centres is a specialist garden center retailer, operating 35 garden centers across Scotland, England, and Northern Ireland. Dobbies Garden Centres is based in Lasswade, United Kingdom.

Sell £217M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-19 Tesco - Opticians Business

United Kingdom

Tesco Plc - Opticians Business operates in the UK and Republic of Ireland.

Sell -
Mergr

Product

Company

Legal