Transactions that move the retail, consumer and leisure industries

PwC Consumer Markets M&A Deals nieuwsbrief June 2024

PwC Consumer Markets M&A Deals nieuwsbrief June 2024
  • Publication
  • 18 Jul 2024

For M&A, deal activity in May involved 141 deals in total; that’s an increase of 30 deals year on year.

A couple of the notable ones are:

  • B&S Group S.A. completed the acquisition of Tastemakers BV
  • Stelz BV was acquired by Heineken N.V. and L’Arche Green NV

The most active sector (in number of deals) in May was Accommodation with 19 deals, as shown by:

  • Ares Management Corp and EQ Group Ltd acquiring 18 hotels from Land Securities Group plc 
  • Mitsis Hotels, acquiring Messonghi Beach Holiday Resort
  • Kartesia Management SA acquiring Hotelatelier.

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

  • Dutch company Cosmetique Totale, backed by BB Capital Management, seeks to continue acquiring peers in its markets, including Benelux, France and Germany 
  • Belgian tomato grower Den Berk Délice is looking for a new shareholder that can sustain its growth in Europe
  • Euro Shoe Group, the company behind the Bristol shoe and clothing stores, is looking for a buyer

Read more in the June edition of our newsletter.

Contact

Wilmer Kloosterziel

Wilmer Kloosterziel

Partner, PwC Netherlands

Tel: +31 (0)61 386 40 62

Follow us