Processing timeline
21
days
Acquirer(s)
ENDEAVOUR GROUP LIMITED ABN - 77 159 767 843
Target(s) or Vendor(s)
AVALON DM PTY LTD ABN - 61 691 733 150
Other parties
None listed
Endeavour Group Limited acquired a leasehold interest for a 340 square metre retail liquor site in Avalon, NSW, from Avalon DM Pty Ltd. Endeavour Group intends to operate a Dan Murphy's store at the new development, expanding its national retail liquor network.
Endeavour Group Limited ( Endeavour Group ) proposes to acquire a leasehold interest for retail space in a new development at 1 & 3 Careel Head Road, Avalon NSW 2107 (the Proposed Site ) from Avalon DM Pty Ltd (the Lessor ) (the Acquisition ). Endeavour Group intends to operate a Dan Murphy's on the Proposed Site, with a trading area of approximately 340 square metres. Endeavour is an Australian public company that primarily operates: retail liquor stores nationwide under the BWS and Dan Murphy’s brands licensed hotel venues under the ALH Hotels banner in all state and territories. These venues are individually branded venues offering on-premises food and drinks, entertainment, gaming services and, in some cases, accommodation Pinnacle Drinks, a manufacturer and distributor of liquor products, which it distributes exclusively to the Endeavour retail and hotel network in Australia. The Lessor is an independent, Australian privately-owned special purpose vehicle established for the purposes of the acquisition and development of the property.