Transactions that move the retail, consumer and leisure industries

PwC Consumer Markets M&A Deals Newsletter September 2025

PwC Consumer Markets M&A Deals Newsletter September 2025
  • Publication
  • 17 Oct 2025

Although inflation has eased and the outlook for the European economy is cautiously optimistic - with moderate GDP growth, decreasing inflation, and a strong labour market -consumer confidence remains low. Likewise, the M&A market has yet to respond to these positive economic expectations. 

The subdued consumer confidence and sluggish deal activity highlight ongoing uncertainty about escalating geopolitical events. Amidst these concerns, both monetary policy and the European economy have demonstrated resilience, and we are cautiously optimistic that the M&A market will follow suit and increase again on the back of the positive economic indicators.

Deal activity in August involved 64 deals, which represents a decrease of 37 deals year on year. A couple of the notable ones are:

  • The acquisition of JDE Peet’s NV by Keurig Dr Pepper Inc
  • The fresh vegetables division of Doleplc being acquired by Organicgirl LLC
  • Merchant Gourmet Ltd being acquired by Premier Foods Plc

The most active sector (in number of deals) in August was diversified packaged foods with seven deals, as shown by:

  • Organicgirl LLC acquiring Dole plc (Fresh Vegetables division)
  • Inspired Pet Nutrition Ltd acquiring Natura Plus Ultra Pet Food SAS, and
  • A&M Capital Advisors LP acquiring Amalric SAS

 

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Read more in the September edition of our newsletter

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Contact us

Wilmer Kloosterziel

Wilmer Kloosterziel

Partner, PwC Netherlands

Tel: +31 (0)61 386 40 62

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