In the European beverage industry, there were 14 M&A deals announced in Q3 2023, worth a total value of $412.7m, according to GlobalData’s Deals Database. The $327.3m acquisition of Vrumona by Royal Unibrew was the industry’s largest disclosed deal. GlobalData’s Consumer Goods Industry Mergers and Acquisitions Deals by Top Themes in Q3 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, M&A activity in Europe decreased by 30% in Q3 2023 compared with the previous quarter’s total of $587.3m and rose by 696% as compared to Q3 2022. Related deal volume decreased by 30% in Q3 2023 versus the previous quarter and was 30% lower than in Q3 2022.

The top-ranked financial advisors supporting these M&A deals in Europe in Q3 2023 were Nomura; Rothschild & Co; Houlihan Lokey with 2, 2, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in Europe Q3 2023 were CMS Legal Services EEIG; Baker & McKenzie; Carmen Medar Law Office with 3, 2, 1 deals respectively.

For further understanding of GlobalData's Consumer Goods Industry Mergers And Acquisitions Deals By Top Themes In Q3 2023 – Thematic Intelligence, buy the report here.

This content was updated on 20 October 2023

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.