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New Deal


Announced

Endeavour to acquire Cape Mentelle Winery from Moët Hennessy for $13.5m.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Distillers and Vintners

winery

Acquisition

Domestic

Pending

Australia

Private

Single Bidder

Friendly

Private Equity

Majority

Synopsis

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Endeavour, an alcoholic drinks retailer, hotel operator, and poker machine operator, agreed to acquire Cape Mentelle Winery, a winery of the Margaret River wine region, from Moët Hennessy, the wines & spirits division of LVMH, for $13.5m. "The acquisition of Cape Mentelle was an important next step in enhancing Paragon Wine Estate’s fine wine portfolio, giving the business a premium presence in Western Australia," Steve Donohue, Endeavour Group CEO and Managing Director.

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