M&A Deal Summary |
|
|---|---|
| Date | 1993-06-17 |
| Target | Price Company |
| Sector | Retail |
| Buyer(s) | Costco Wholesale |
| Deal Type | Merger |
| Deal Value | 2.3B USD |
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| Category | Company |
|---|---|
| Founded | 1976 |
| Sector | Retail |
| Employees | 316,000 |
| Revenue | 242.3B USD (2023) |
Costco Wholesale operates a network of membership warehouses in the US, Puerto Rico, Canada, the UK, Mexico, Japan, Australia, and through majority-owned subsidiaries in Taiwan and Korea. Costco's membership warehouses are based on the concept of offering members low prices on a limited selection of nationally branded and select private-label products in a wide range of merchandise categories. Costco buys the majority of its merchandise directly from manufacturers and routes it to a cross-docking consolidation point or directly to its warehouses. Costco Wholesale was incorporated in 1976 and is headquartered in Issaquah, Washington.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 3 |
| Sector (Retail) | 1 of 1 |
| Type (Merger) | 1 of 1 |
| State (California) | 1 of 1 |
| Country (United States) | 1 of 2 |
| Year (1993) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-03-17 |
Innovel Solutions
Hoffman Estates, Illinois, United States Innovel Solutions, Inc. is a provider of third-party end-to-end logistics solutions with nationwide capabilities. Innovel has for decades provided Sears and, more recently, third parties with “final mile” delivery, complete installation and white glove capabilities for “big and bulky” products across the United States and Puerto Rico. |
Buy | $1.0B |
