Add-on Acquisition • Consumer Services

Warehouse Acquires Diners Club

On March 11, 2014, Warehouse acquired consumer services company Diners Club

Acquisition Context
  • This is Warehouse’s 1st transaction in the Consumer Services sector.
  • This is Warehouse’s 2nd transaction in New Zealand.

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M&A Deal Summary

Date March 11, 2014
Target Diners Club
Sector Consumer Services
Buyer(s) Warehouse
Deal Type Add-on Acquisition
Advisor(s) Murray & Co. (Financial)

Target Company

Diners Club

Newmarket, New Zealand
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Buyer Overview 1

Buyer

Warehouse

Auckland, New Zealand

Category Company
Founded 1982
Sector Retail
Employees4,979
Revenue 3.0B NZD (2024)
DESCRIPTION

Warehouse engages in the retail of general merchandise and apparel in New Zealand. The company also sells stationery products, technology and appliance products, and outdoor and sporting equipment. Warehouse was founded in 1982 and is based in Auckland, New Zealand.


Deal Context for Buyer #
Overall 2 of 2
Sector: Consumer Services 1 of 1
Type: Add-on Acquisition 2 of 2
Country: New Zealand 2 of 2
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-01 Noel Leeming

Auckland, New Zealand

Noel Leeming is Noel Leeming Group?s flagship retail brand. It strives to offer a superior standard of service and the widest possible range of branded consumer technology and appliances. Noel Leeming promises its customers that it will never knowingly be undersold. It provides comprehensive after sales support.

Buy $65M