Divestiture • Retail

Bargain Booze Acquires Venus Wine & Spirit - Wine Rack

On September 2, 2013, Bargain Booze acquired retailer Venus Wine & Spirit - Wine Rack from Venus Wine and Spirits Merchants for 2M GBP

Acquisition Context
  • This is Bargain Booze’s 1st transaction in the Retail sector.
  • This is Bargain Booze’s 2nd largest (disclosed) transaction.
  • This is Bargain Booze’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date September 2, 2013
Target Venus Wine & Spirit - Wine Rack
Sector Retail
Buyer(s) Bargain Booze
Sellers(s) Venus Wine and Spirits Merchants
Deal Type Divestiture
Deal Value 2M GBP

Target Company

Venus Wine & Spirit - Wine Rack

London, United Kingdom
Venus Wine & Spirit - Wine Rack supply specialist wine ranges from 13 stores to its current 22 stores.
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Buyer Overview 1

Buyer

Bargain Booze

Crewe, United Kingdom

Category Company
Founded 1984
Sector Retail
Employees542
Revenue 364M GBP (2015)
DESCRIPTION

Conviviality Retail Plc is a franchised off-licence and convenience chain with over 600 franchisee-owned stores in the north of England. Conviviality Retail was formed in 1984 and is based in Crewe, United Kingdom.


Deal Context for Buyer #
Overall 1 of 3
Sector: Retail 1 of 1
Type: Divestiture 1 of 2
Country: United Kingdom 1 of 3
Year: 2013 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-01 Matthew Clark Wholesale

Bristol, United Kingdom

Matthew Clark is the UK’s largest independent alcohol wholesaler and distributor to the on-trade drinks sector, generating more annual revenue than the aggregate of its seven largest independent drinks wholesaling competitors, and delivers to approximately 17,000 on-trade outlets each year. Matthew Clark delivered over 48 million bottles of wine, 22 million bottles of spirits, 171 million pints of beer and 16 million bottles of cider in the year to February 2015.

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Seller Profile 1

SELLER

Venus Wine and Spirits Merchants

London,, United Kingdom

Category Company
Founded 1975
Sector Distribution
DESCRIPTION

Venus Wine and Spirits Merchants, engages in the distribution of wine and spirit.


Deal Context for Seller #
Overall 1 of 1
Sector: Retail 1 of 1
Type: Divestiture 1 of 1
Country: United Kingdom 1 of 1
Year: 2013 1 of 1
Size (of disclosed) 1 of 1

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