M&A Deal Summary

Worldstores Acquires ACHICA

On December 1, 2015, Worldstores acquired retailer ACHICA

Acquisition Highlights
  • This is Worldstores’ 1st transaction in the Retail sector.
  • This is Worldstores’ 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2015-12-01
Target ACHICA
Sector Retail
Buyer(s) Worldstores
Deal Type Add-on Acquisition

Target

ACHICA

London, United Kingdom
Achica is a members-only online store offering furniture, homewares and accessories, often at significant discounts to RRPs for limited periods through flash sales.

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Buyer(S) 1

Buyer

Worldstores

Twickenham, United Kingdom

Category Company
Sector Retail
Employees650
DESCRIPTION

Worldstores Ltd. is one of the UK's largest online retailers of products for the home and garden. There are over 500,000 products on the site. Worldstores has built a proprietary technology platform that manages suppliers and enables rapid cross-docking of stock directly from suppliers to customers so that customers can have next day, or day of choice, delivery. Much of the product requires 2-man delivery.


DEAL STATS #
Overall 2 of 2
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 2 of 2
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-24 Kiddicare

Peterborough, United Kingdom

Kiddicare is a baby and nursery product retailer. Kiddicare was founded in 1974 by Neville and Marilyn Wright and has its own state-of-the-art distribution facility and operates the largest baby nursery equipment retail store in Europe.

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