MagSon Retail & Distribution Ltd Acquires Magsons Supercentre for Rs 30 Crores

MagSon Retail & Distribution Limited announced on July 5, 2025, the acquisition of Magsons Supercentre, a partnership firm, for a total consideration of Rs 30,00,00,000. This strategic move, conducted as a slump sale on a going concern basis, includes all business assets and liabilities of Magsons Supercentre, which operates 10 firm-owned and 2 franchise retail stores across Goa under the established brand names 'Magsons' and 'Champagne and Cigars - C&C'. The Business Transfer Agreement and other related agreements were formally executed on the same day as the announcement.

The acquisition is poised to significantly bolster MagSon Retail & Distribution Limited's market presence and overall value by expanding its retail footprint. Magsons Supercentre boasts a substantial customer base of approximately 1.25 Lakhs and employs around 150 individuals in Goa. Financially, Magsons Supercentre reported a provisional turnover of ₹60,81,97,982/- for the fiscal year 2024-25, following turnovers of Rs 63,61,68,312 in 2023-24 and Rs 61,22,07,522 in 2022-23. The Rs 30 crore consideration will be disbursed in multiple tranches through cash or other mutually agreed-upon methods. 

On the YTD basis, the stock is up by 33 per cent while in the last 12 months it is up by 37 per cent.

Magson Retail & Distribution Limited operates in the retail sector, specialising in gourmet, exotic, chilled, and frozen food products. The company's business model focuses on providing a diverse range of high-quality food items to its customers through its retail outlets. This acquisition of Magsons Supercentre further solidifies its position in the market by expanding its retail network, particularly in the Goa region, and is expected to contribute to its growth and profitability.

Disclaimer: The article is for informational purposes only and not investment advice.