M&A Deal Summary

Pepkor Acquires Postie Plus Group

On July 18, 2014, Pepkor acquired retailer Postie Plus Group for 3M NZD

Acquisition Highlights
  • This is Pepkor’s 1st transaction in the Retail sector.
  • This is Pepkor’s 0th largest (disclosed) transaction.
  • This is Pepkor’s 1st transaction in New Zealand.

M&A Deal Summary
Date 2014-07-18
Target Postie Plus Group
Sector Retail
Buyer(s) Pepkor
Deal Type Add-on Acquisition
Deal Value 3M NZD

Target

Postie Plus Group

Christchurch, New Zealand
Postie Plus Group Ltd. is a retail business. Postie Plus provides men's, women's and children's clothing specialist Postie+ and baby product retailer Babycity, PPGL businesses are longstanding, sound and complementary in terms of product, target markets and locations.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Pepkor

Parow Industria, South Africa
Category Company
Founded 1965
Sector Retail
Employees13,000
DESCRIPTION

Pepkor Limited, through its subsidiaries, operates and manages a network of retail stores that sell clothing, footwear, textiles, houseware, and cellular products in Africa, Australia, Poland, and the United Kingdom. It was formerly known as Pep Stores and changed its name to Pepkor Limited in 1982. The company was founded in 1965 and is based in Parow Industria, South Africa. Pepkor Limited operates as a subsidiary of Pepkor Holdings Limited.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (New Zealand) 1 of 1
Year (2014) 1 of 1
Mergr

Product

Company

Legal