ASX-listed Super Retail Group pays $144M for Macpac, more than twice the 2015 price

Tue, 20 Feb 2018

By Paul McBeth Feb. 20 (BusinessDesk) - ASX-listed Super Retail Group has bought outlook equipment chain Macpac Holdings for $144 million, more than twice the $68.7 million paid by Australia's Champ Private Equity in 2015. The deal adds 54 stores across Australia and New Zealand to Queensland-based Super Retail's suite, and is expected to generate sales of $95 million and pro-forma earnings before interest, tax, depreciation and amortisation of $16 million in the year ending March 31. Super Retail will consolidate its Rays outdoor equipm...

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