Overview
- A definitive agreement announced June 16, 2026 values Andrew Peller at C$579 million and pays C$8 per Class A share and C$12 per Class B share in cash.
- The company’s board and a special committee unanimously recommended the offer and the two largest shareholders signalled support for the transaction.
- John Peller has agreed to roll over part of his stake into the buyer, representing about 15% of Class A and 25% of Class B shares, retaining a minority interest in the combined ownership.
- The deal is targeted to close in the third quarter of 2026 subject to shareholder and regulatory approvals, and CEO Paul Dubkowski and CFO Renee Cauchi are expected to remain in their roles after closing.
- Andrew Peller, which owns roughly 50 wine and spirits brands and operates 101 retail outlets, reported fiscal 2025 revenue of C$389.6 million and a 25% rise in EBITA to C$62.9 million, and it also declared a quarterly dividend payable July 10, 2026 to shareholders of record on June 30.