M&A Deal Summary

Canadian Tire Acquires Mark s Work Wearhouse

On February 4, 2002, Canadian Tire acquired retailer Mark s Work Wearhouse

Acquisition Highlights
  • This is Canadian Tire’s 1st transaction in the Retail sector.
  • This is Canadian Tire’s 1st transaction in Canada.
  • This is Canadian Tire’s 1st transaction in Alberta.

M&A Deal Summary

Date 2002-02-04
Target Mark s Work Wearhouse
Sector Retail
Buyer(s) Canadian Tire
Deal Type Add-on Acquisition

Target

Mark s Work Wearhouse

Calgary, Alberta, Canada
Mark's Work Wearhouse Ltd. is a specialty retail organizations which specializes in work and work-related casual apparel.

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Buyer(S) 1

Buyer

Canadian Tire

Toronto, Ontario, Canada

Category Company
Founded 1922
Sector Retail
Employees14,322
Revenue 16.7B CAD (2023)
DESCRIPTION

Canadian Tire offer products and services that help Canadians live active, healthy lives and our store network and staff connect communities from coast-to-coast. Canadian Tire was incorporated in 1922 and is based in Toronto, Canada.


DEAL STATS #
Overall 1 of 4
Sector (Retail) 1 of 2
Type (Add-on Acquisition) 1 of 4
State (Alberta) 1 of 2
Country (Canada) 1 of 3
Year (2002) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-18 FGL Sports

Calgary, Alberta, Canada

FGL Sports Ltd. is the largest and only national sporting goods retailer in Canada.

Buy $797M