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  5. Spencer s Retail Acquires Omni-Present Retail India Pvt.

M&A Deal Summary

Spencer s Retail Acquires Omni-Present Retail India Pvt.

On December 16, 2015, Spencer s Retail acquired e-commerce company Omni-Present Retail India Pvt.

Acquisition Highlights
  • This is Spencer s Retail’s 1st transaction in the E-Commerce sector.
  • This is Spencer s Retail’s 1st transaction in India.

M&A Deal Summary
Date 2015-12-16
Target Omni-Present Retail India Pvt.
Sector E-Commerce
Buyer(s) Spencer s Retail
Deal Type Add-on Acquisition

Target

Omni-Present Retail India Pvt.

Mumbai, India
Meragrocer.com is an online portal that enables users to order and shop for grocery, household, fruits, vegetables, baby food and more.

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Buyer(S) 1

Buyer

Spencer s Retail

Kolkata, India
Category Company
Founded 1863
Sector Retail
DESCRIPTION

Spencer's Retail Ltd. is a retailer of food, personal care, fashion, home essentials, electrical and electronics products.

DEAL STATS #
Overall 1 of 1
Sector: E-Commerce M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2015 M&A 1 of 1
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