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New Deal


Announced

Completed

Poundland was acquired by Steinhoff Europe for £610m

Financials

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Transaction Value£475m
Consideration TypeCash
Capital Owned24%
Capital Bid For76%
EV/Sales0.5x
EV/EBITDA10.94x
Share Price Premium-
One Off Charge-

Sources

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Tags

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Diversified Retailers

retail

discount

general

Public

Scheme

Completed

Friendly

Single Bidder

United Kingdom

Synopsis

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In September 2016, Poundland was acquired by Steinhoff Europe for £610m. As a consequence, Poundland shares have been delisted from the London Stock Exchange. Steinhoff’s vertically integrated business model is based upon a strategy of sourcing and manufacturing products at low cost and distributing them to its value-conscious customer base through its extensive retail footprint.

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