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New Deal


Announced

KG Group to acquire a majority stake in Hollys Coffee from IMM Private Equity for $124m.

Financials

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Transaction Value£96m
Consideration TypeCash
Capital Owned-
Capital Bid For94%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Disposal

Friendly

South Korea

Restaurants and Bars

Acquisition

Private Equity

Private

Domestic

Single Bidder

coffee shops

Majority

Pending

Synopsis

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KG Group, a chemical-to-financial conglomerate, agreed to acquire a majority stake in Hollys Coffee, a specialty coffee company headquartered in South Korea, from IMM Private Equity, a private equity investment firm, for $124m. The coffeehouse is expected to advance its mobile services with the help of KG Group’s other subsidiaries in the mobile sector.

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