We explore current dealmaking trends in the European consumer sector.
The European consumer space experienced a drop in M&A deal count and flow in H1 2023. However, easing economic pressures and cautious optimism have influenced a recent uptick in transactions, including exemplified by Australia’s Orora acquiring French glass bottle maker Saverglass from U.S. private equity giant The Carlyle Group for USD 1.4 billion. Additionally, Carrefour, a major French supermarket player, acquired the Belgian retail group Louis Delhaize, gaining access to the Cora and Match assets in France for USD 1.16 billion.
Amid a rise in distressed assets and private equity firms reshuffling their portfolios — either exiting or entering new niches — M&A is about to get even more interesting in the region as several consumer companies are expected to hit the market in early 2024.
In this episode, we explore current trends and drivers as well as potential buyers, sellers, targets and IPO candidates in the European consumer sector.
Dealcast is presented by Mergermarket and SS&C Intralinks.
Shopping for your next great M&A deal? Learn how DealCentre™ for Consumer Retail can speed through the checkout line: https://www.intralinks.com/solutions/dealcentre-consumer-retail
Dealcast: The M&A Podcast is hosted by Julie-Anna Needham, a consultant editor at Mergermarket. Julie-Anna has worked as a broadcast journalist for the BBC and Sky News.
View episodesGet new episodes of The Real Deal automatically