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  5. Woolworths Acquires Country Road

M&A Deal Summary

Woolworths Acquires Country Road

On June 24, 2014, Woolworths acquired retailer Country Road for 213M AUD

Acquisition Highlights
  • This is Woolworths’ 1st transaction in the Retail sector.
  • This is Woolworths’ 0th largest (disclosed) transaction.
  • This is Woolworths’ 1st transaction in Australia.

M&A Deal Summary
Date 2014-06-24
Target Country Road
Sector Retail
Buyer(s) Woolworths
Deal Type Add-on Acquisition
Deal Value 213M AUD

Target

Country Road

Melbourne, Australia
Country Road is a middle-market clothing retailer located in Australia and New Zealand with 68 free-standing stores and 77 department store concessions.

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Buyer(S) 1

Buyer

Woolworths

Cape Town, South Africa
Category Company
Founded 1931
Sector Retail
Employees37,499
Revenue 76.5B ZAR (2024)
DESCRIPTION

Woolworths is a fashion retailer offering a unique blend of food, fashion, beauty, homeware, and financial services throughout the Southern Hemisphere. Woolworths was founded in 1931 and is based in Cape Town, South Africa.

DEAL STATS #
Overall 1 of 2
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Australia M&A 1 of 1
Year: 2014 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-03 Absolute Pets

Cape Town, South Africa

Absolute Pets offers pet supplies, services, and expertise to keep pets healthy. Absolute Pets is based in Cape Town, South Africa.

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