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  5. New Development Acquires Kadac

M&A Deal Summary

New Development Acquires Kadac

On March 20, 2017, New Development acquired distribution company Kadac

Acquisition Highlights
  • This is New Development’s 1st transaction in the Distribution sector.
  • This is New Development’s 1st transaction in Australia.

M&A Deal Summary
Date 2017-03-20
Target Kadac
Sector Distribution
Buyer(s) New Development
Deal Type Add-on Acquisition
Advisor(s) M&A Partners (Financial)

Target

Kadac

Braeside, Australia
Kadac is a specialised distributor of health, nutritional and wellbeing products to specialty health food, stores, independent grocery stores and major supermarkets. Kadac was founded in 1973 and is based in Braeside, Victoria.

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Buyer(S) 1

Buyer

New Development

Australia
Category Company
Sector Distribution
DESCRIPTION

New Development specializes in the areas of product sourcing, logistics, and distribution.

DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2017 M&A 1 of 1
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