Transactions that move the retail, consumer and leisure industries

PwC Consumer Markets M&A Deals newsletter September 2024

PwC Consumer Markets M&A Deals nieuwsbrief September 2024
  • Publication
  • 10 Oct 2024

The macroeconomic environment in Europe continues to be shaped by various factors, including interest rates, inflation, and geopolitical risks. These factors have implications for the consumer markets and the wider deals landscape.

Geopolitical tensions in the Middle East are recently further increasing, adding to the overall uncertainty. In Europe the 2024 super-election year continues, with several elections taking place in autumn, i.e., in Lithuania. We also continue to observe the presidential election campaigns in the USA, which will no doubt impact global geopolitics and economic developments.

Against this backdrop, it is crucial for businesses to closely monitor the macroeconomic developments and adapt their strategies accordingly. Understanding the impact of interest rates, inflation, and geopolitical risks on consumer behavior and market trends is essential for identifying opportunities in the deals market.

For M&A, deal activity in August involved 102 deals in total; that’s an increase of 61 deals year on year. A couple of the notable ones are:

  • Pandox AB acquired three Residence Inn by Marriott Hotels
  • Waterland Private Equity Investments BV acquired a majority stake in X²O
  • De Groot Edelgebak BV was acquired by Europastry SA
  • Droste BV was acquired by Pauwels Engineering

The most active sector (in number of deals) in August was Sports & Recreation with twelve deals.

Read more in the September edition of our newsletter.

Contact

Wilmer Kloosterziel

Wilmer Kloosterziel

Partner, PwC Netherlands

Tel: +31 (0)61 386 40 62

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