Fairfax Signs Deal to Buy Canadian Wine Producer Andrew Peller
The all-cash offer gives shareholders immediate liquidity and includes support from the company’s two largest shareholders, which hold about 20% of Class A and 75% of Class B shares.
- Fairfax Financial Holdings Limited signed a definitive agreement on Monday to acquire Canadian wine producer Andrew Peller Limited for an enterprise value of $579 million.
- The all-cash offer provides $8.00 per Class A share and $12.00 per Class B share, representing premiums of 70% and 66% respectively over the 20-day volume-weighted average price on the TSX as of June 12.
- Pending shareholder and Ontario Superior Court approvals, the transaction requires two-thirds majority support from each share class and is expected to close during the third calendar quarter of 2026.
- CEO Paul Dubkowski and CFO Renee Cauchi are expected to remain in their current roles following completion, while Fairfax Chairman Prem Watsa expressed confidence in the Peller family's long-term vision.
- Following completion, Andrew Peller shares will be delisted from the TSX and the company will cease reporting as a Canadian issuer, crystallizing value for shareholders after over 65 years of family-led operations.
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18 Articles
Andrew Peller Limited Announces First Quarter Fiscal 2027 Dividend
GRIMSBY, Ontario, June 16, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Andrew Peller Limited (ADW.A / ADW.B) (the “Company”) announced today that it has approved a quarterly common share dividend of $0.0615 per Class A Share and $0.0535…
NiagaraFallsReview.ca
Andrew Peller Ltd. Cancels Fiscal 2026 Earnings Conference Call
GRIMSBY, Ontario, June 16, 2026 (GLOBE NEWSWIRE) -- Andrew Peller Limited (“Andrew Peller” or the “Company”) (ADW.A / ADW.B) announced today that, in connection with its recently announced arrangement agreement (the “Arrangement Agreement”) to be acquired by Fairfax Financial Holdings…
The Toronto Star
Fairfax signs deal to buy Canadian wine producer Andrew Peller
GRIMSBY - Fairfax Financial Holdings Ltd. has signed a deal to buy Andrew Peller Ltd. in an offer that puts an enterprise value of $579 million on the Canadian wine
Andrew Peller Limited Announces Groundbreaking News in Ontario
Archyde Andrew Peller Ltd. (TSX: ADW.A) canceled its fiscal 2026 earnings conference call on June 16, 2026, citing “internal reorganization priorities,” according to a statement released by the Grimsby, Ontario-based winery. ... Read More The post Andrew Peller Limited Announces Groundbreaking News in Ontario appeared first on Archyde.
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