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New Deal


Announced

Completed

Amazon completed the acquisition of Whole Foods Market for $13.7bn.

Financials

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Transaction Value£10,747m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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retail

organic food

food products

Food Retailers and Wholesalers

Public

Acquisition

Completed

Friendly

Single Bidder

United States

Synopsis

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Amazon, a multinational technology company, completed the acquisition of Whole Foods Market, a natural foods grocery chain, for $13.7bn. “We’re determined to make healthy and organic food affordable for everyone. Everybody should be able to eat Whole Foods Market quality – we will lower prices without compromising Whole Foods Market’s long-held commitment to the highest standards. To get started, we’re going to lower prices beginning Monday on a selection of best-selling grocery staples, including Whole Trade organic bananas, responsibly-farmed salmon, organic large brown eggs, animal-welfare-rated 85% lean ground beef, and more. And this is just the beginning – we will make Amazon Prime the customer rewards program at Whole Foods Market and continuously lower prices as we invent together. There is significant work and opportunity ahead, and we’re thrilled to get started,” Jeff Wilke, Amazon Worldwide Consumer CEO.

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