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Trusted by
Acquiring Company
Metcash
Acquired Company
Peries Group
Macquarie ParkQueenslandFood and BeverageGroceryRetailWholesaleFood and BeverageGroceryRetailDescription
Metcash has entered into a binding agreement to acquire Queensland-based food business Peries Group. The estimated purchase price is between $80–$85 million, and the deal is expected to complete by the end of next April, subject to regulatory approvals. This acquisition aims to strengthen Metcash's IGA network across Queensland. Metcash plans to retain the stores and explore optimal ownership structures.
Fundz sees it the moment Metcash makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Peries Group?
Peries Group was acquired by Metcash, based in Macquarie Park. The deal was reported on October 19, 2026. Metcash is a leading wholesale distribution and marketing company, providing a variety of grocery and hardware products. Metcash is privately held and operates in Food and Beverage.
When did Metcash acquire Peries Group?
Metcash's acquisition of Peries Group was reported on October 19, 2026. Metcash has entered into a binding agreement to acquire Queensland-based food business Peries Group. The estimated purchase price is between $80–$85 million, and the deal is expected to complete by the end of next April, subject to regulatory approvals. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Peries Group do?
Peries Group operates a network of IGA supermarkets across Queensland. The company focuses on providing quality grocery products to local communities. It plays an essential role in the regional retail landscape. It is privately held, operating in Food and Beverage, and is based in Queensland.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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