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New Deal


Announced

Completed

Carrefour completed the acquisition of Wellcome Taiwan from Dairy Farm for $108m.

Financials

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Transaction Value£86m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.3x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

supermarkets

Acquisition

Private

Food Retailers and Wholesalers

Taiwan

Friendly

Majority

Cross Border

Real Estate

Completed

Synopsis

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Carrefour, a French multinational corporation specialized in retail, completed the acquisition of Wellcome Taiwan, a supermarket chain, from Dairy Farm, a Hong Kong retail company, for $108m. “We have complete confidence in the future success of the business and believe, by bringing these businesses together, we have created a strong future for the team and a better shopping experience for our customers,” Laurent Piazza, Wellcome Taiwan Managing Director.

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