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New Deal


Announced

Completed

E-Mart completed the acquisition of Shafer Vineyards for $250m.

Financials

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Transaction Value£184m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Distillers and Vintners

winery

Cross Border

Friendly

Private

Single Bidder

Completed

Majority

United States

Acquisition

Synopsis

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E-Mart, a South Korean retail giant, completed the acquisition of Shafer Vineyards, a Napa Valley winery in California of high-quality cult wines, for $250m. The retailer plans to produce new wines on idle land at family-managed Shafer Vineyards, said an unnamed Shinsegae official.

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