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Dollarama completes $260M acquisition of Reject Shop

PUBLIC · DLMAYJun 10, 20263 months ago

Acquiring Company

Dollarama

Acquired Company

The Reject Shop

Mont-RoyalMelbourneRetailRetail

Description

Dollarama has successfully completed its $260 million takeover of The Reject Shop, leading to significant changes in the Australian discount retail sector. The Reject Shop will transition into Dollarama, with operational adjustments expected over the coming months. This acquisition marks an important shift in the brand’s strategy as it aims to optimize its store network.

Company Information

Company

Dollarama

Location

Mont-Royal, Quebec, Canada

About

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired The Reject Shop?

The Reject Shop was acquired by Dollarama, based in Mont-Royal. The deal was reported on June 10, 2026. Your merchandise subtotal does not include environmental fees, handling, shipping and/or taxes, if applicable. These fees will appear at checkout. Dollarama is publicly traded (DLMAY) and operates in Retail.

When did Dollarama acquire The Reject Shop?

Dollarama's acquisition of The Reject Shop was reported on June 10, 2026. Dollarama has successfully completed its $260 million takeover of The Reject Shop, leading to significant changes in the Australian discount retail sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does The Reject Shop do?

The Reject Shop is Australia’s largest discount retailer, offering a variety of discounted products to customers. The company aims to provide value and affordability through its extensive product range. It is privately held, operating in Retail, and is based in Melbourne.

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