Transactions that move the retail, consumer and leisure industries

PwC Consumer Markets M&A Deals nieuwsbrief July 2024

PwC Consumer Markets M&A Deals nieuwsbrief July 2024
  • Publication
  • 25 Jul 2024

For M&A, deal activity in June involved 102 deals in total; that’s a decrease of 10 deals year on year.

A couple of the notable ones are:

  • The Carlsberg Foundation and Carlsberg completed the acquisition of Britvic Plc
  • A 22.5% stake in Asda Group Ltd was acquired by TDR Capital LLP
  • Rijcken Groep was acquired by Foreman Capital BV
  • Superstruct Entertainment Ltd was acquired by KKR & Co Inc.

The most active sector (in number of deals) in June was Food Service & Restaurants with 13 deals, as shown by:

  • Mgmtco AS acquiring Olivia Holding AS
  • Tortilla Mexican Grill Plc acquiring Fresh Burritos SAS, and
  • Gustoso Gruppe GmbH has acquired 't Zusje Franchise BV.

Several potential acquisitions and exits are also being explored. To name a few:

  • The Hague-based private equity firm BB Capital Investments is selling Dutch skin clinic specialist Cosmetique Totale through an auction, with Harris Williams as sponsor
  • Joe & The Juice, a Danish chain of juice and coffee shops, may use acquisitions and joint ventures to support its global growth.

Read more in the July edition of our newsletter.

Contact

Wilmer Kloosterziel

Wilmer Kloosterziel

Partner, PwC Netherlands

Tel: +31 (0)61 386 40 62

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