M&A Deal Summary

Salling Group A/S Acquires Tesco Polska

On June 18, 2020, Salling Group A/S acquired retailer Tesco Polska from Tesco for 900M PLN

Acquisition Highlights
  • This is Salling Group A/S’s 1st transaction in the Retail sector.
  • This is Salling Group A/S’s 0th largest (disclosed) transaction.
  • This is Salling Group A/S’s 1st transaction in Poland.

M&A Deal Summary

Date 2020-06-18
Target Tesco Polska
Sector Retail
Buyer(s) Salling Group A/S
Sellers(s) Tesco
Deal Type Divestiture
Deal Value 900M PLN

Target

Tesco Polska

Poland
Tesco Polska is a grocery and general merchandise retailer that comprises 301 stores and two distribution centers with approximately 7,000 employees.

Search 199,713 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

Salling Group A/S

Brabrand, Denmark

Category Company
Founded 1906
Sector Retail
DESCRIPTION

Salling Group is a diverse retail company, covering household chain brands such as føtex, Bilka, Netto, Salling, and Wupti. The group operates more than 1,400 stores and webshops in Denmark, Poland, and Germany and operate Starbucks and Carl's Jr. franchises in Denmark. Salling Group was formed in 1906 and is based in Brabrand, Denmark.


DEAL STATS #
Overall 2 of 2
Sector (Retail) 1 of 1
Type (Divestiture) 1 of 1
Country (Poland) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-04 iPosen.dk ApS

Lystrup, Denmark

iPosen.dk ApS is an online distributor of groceries.

Buy -

Seller(S) 1

SELLER

Tesco

Welwyn Garden City, United Kingdom

Category Company
Founded 1919
Sector Retail
Employees330,000
Revenue 68.2B GBP (2024)
DESCRIPTION

Tesco is a multinational grocery and general merchandise retailer. Tesco was founded in 1919 and is based in Welwyn Garden City, England.


DEAL STATS #
Overall 8 of 8
Sector (Retail) 6 of 6
Type (Divestiture) 6 of 6
Country (Poland) 1 of 1
Year (2020) 2 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-09 Tesco - Thailand and Malaysia Operations

Bangkok, Thailand

Tesco Plc's Thailand and Malaysia Operations compromise retail stores based in Thailand and Malaysia.

Sell $11M