MergerLinks Header Logo

Announced

Shufersal to acquire a 60% stake in Mini Line for $176m.

Synopsis

Shufersal, Israel's largest supermarket chain, agreed to acquire a 60% stake in Mini Line, an importer of consumer electrical goods, for $176m. Shufersal, which already sells consumer electrical and electronic goods, said the acquisition of control of Mini Line is "part of its strategy to expand its activities in the retail field and to enter complementary areas that will offer added value and products" to its business, which has some 2m customers.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US