M&A Deal Summary

Frasers Group Acquires Warrnambool

On October 7, 2015, Frasers Group acquired retailer Warrnambool for 48M EUR

Acquisition Highlights
  • This is Frasers Group’s 3rd transaction in the Retail sector.
  • This is Frasers Group’s 5th largest (disclosed) transaction.
  • This is Frasers Group’s 1st transaction in Ireland.

M&A Deal Summary

Date 2015-10-07
Target Warrnambool
Sector Retail
Buyer(s) Frasers Group
Deal Type Add-on Acquisition
Deal Value 48M EUR

Target

Warrnambool

Dublin, Ireland
Warrnambool is the holding company of Heatons, a retail business which specialises in retailing men's, women's and children's clothing together with homewares, with 44 stores in the Republic of Ireland and ten stores in Northern Ireland. 27 of the 44 stores in the Republic of Ireland incorporate a dedicated "SportsWorld" section within the store and each of the ten stores in Northern Ireland either incorporates a "Sports Direct" branded section or is located immediately adjacent to a "Sports Direct" outlet which forms part of the premises.

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Buyer(S) 1

Buyer

Frasers Group

Shirebrook, United Kingdom

Category Company
Founded 1982
Sector Retail
Employees32,000
Revenue 5.5B GBP (2024)
DESCRIPTION

Frasers Group is a sports retailer with approximately 400 stores and provides an unrivalled range of products, offering exceptional quality and unbeatable value, from a wide variety of third-party and Group-owned brands, both in-store and online. Frasers Group was incorporated in 1982 and is based in Shirebrook, England.


DEAL STATS #
Overall 6 of 19
Sector: Retail M&A 3 of 13
Type: Add-on Acquisition M&A Deals 4 of 11
Country: Ireland M&A 1 of 1
Year: 2015 M&A 1 of 1
Size (of disclosed) 5 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-01 Republic Retail

Leeds, United Kingdom

Republic Retail is a UK apparel retailer of young adult fashion with a differentiated multi-brand concept offering consumers a wide range of proprietary house brands and 3rd party brands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-27 Sports Direct - Dunlop Business

United Kingdom

Sports Direct - Dunlop Business is a sportswear brand known for its green flash tennis shoes. Dunlop Business currently operates in the UK, Europe, Asia (except Japan, Korea and Taiwan), USA and Canada.

Sell $138M