M&A Deal Summary

Woolworths Acquires Danks Holdings

On November 19, 2009, Woolworths acquired distribution company Danks Holdings

Acquisition Highlights
  • This is Woolworths’ 1st transaction in the Distribution sector.
  • This is Woolworths’ 3rd transaction in Australia.

M&A Deal Summary

Date 2009-11-19
Target Danks Holdings
Sector Distribution
Buyer(s) Woolworths
Deal Type Add-on Acquisition

Target

Danks Holdings

Braeside, Australia
Danks Holdings Ltd. is a hardware and garden distributor to independent retailers.

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Buyer(S) 1

Buyer

Woolworths

Bella Vista, Australia

Category Company
Founded 1924
Sector Retail
Employees201,413
Revenue 67.9B AUD (2024)
DESCRIPTION

Woolworths is a provider of retail stores services. Woolworths was founded in 1924 and is based in Bella Vista, Australia.


DEAL STATS #
Overall 3 of 9
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 2 of 6
Country (Australia) 3 of 8
Year (2009) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-02 Carboxy Pty

Bella Vista, Australia

Carboxy Pty Ltd. is a joint venture between Woolworths and Lowe's Companies, Inc.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-04 Cellarmasters Group

Surry Hills NSW, Australia

Cellarmasters Group comprises five integrated businesses: two leading direct marketing wine club businesses – Cellarmasters in Australia and New Zealand Wine Cellars in New Zealand; an integrated Barossa-based winery, Dorrien Estate; Australia’s largest independent wine bottling operation, Vinpac International, based in the Barossa and the McLaren Vale; and Carters & Assoc., a wine and dry goods distributor in New Zealand.

Buy £215M