middle.news

Metcash expands Queensland IGA reach with Peries Group acquisition

8:49am on Monday 19th of October, 2026 AEDT • Consumer Staples
Read Story

Metcash expands Queensland IGA reach with Peries Group acquisition

8:49am on Monday 19th of October, 2026 AEDT
Key Points
  • 15 IGA supermarkets across regional Queensland
  • Estimated purchase price of $80 million to $85 million, excluding stock and other costs
  • Deal to be funded through debt and expected to be marginally EPS accretive
  • Completion targeted for late April or early May 2027
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Metcash (ASX:MTS)
OPEN ARTICLE