Analysis of the key themes driving M&A activity reveals that sensory & indulgence accounted for 5 beverage deals announced in Q4 2023, worth a total value of $3bn. The $1.2bn acquisition of COURVOISIER by Davide Campari-Milano was the industry’s largest disclosed deal. GlobalData’s Consumer Goods Industry Mergers and Acquisitions Deals by Top Themes in 2023 report offers critical insights into the M&A activity in the industry and the key themes driving the top deals. Buy the report here.
In value terms, sensory & indulgence-related deal activity increased by 574% in Q4 2023 compared with the previous quarter’s total of $445.3m and rose by 251% as compared to Q4 2022. Related deal volume decreased by 29% in Q4 2023 versus the previous quarter and was 44% lower than in Q4 2022.
The top-ranked financial advisors supporting these M&A deals in Q4 2023 were Deutsche Bank; Evercore; Grant Samuel Group with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Q4 2023 were Latham & Watkins; Reed Smith; BonelliErede with 2, 2, 1 deals respectively.
For further understanding of GlobalData's Consumer Goods Industry Mergers And Acquisitions Deals By Top Themes In 2023 – Thematic Intelligence, buy the report here.
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