MergerLinks Header Logo

Announced

Dollarama to acquire 50.1% interest in Dollarcity for $90m.

Synopsis

Dollarama, a Canadian dollar store retail chain headquartered in Montreal, agreed to acquire 50.1% interest in Dollarcity, a Latin American value retailer, for approximately $90m. "We are very excited to bring our relationship with Dollarama to the next level, and together strive to achieve Dollarcity's long-term growth objectives. We have leveraged Dollarama's expertise to establish a successful value retail model in El Salvador, Guatemala and Colombia, and we look forward to continuing to grow our store network in these countries in the years ahead," said Marco Baldocchi, Chief Executive Officer of Dollarcity.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US