In the European beverage industry, there were 12 M&A deals announced in Q1 2024, worth a total value of $4.6m, according to GlobalData’s Deals Database. The $2.5m minority acquisition of Holyrood Distillery by Ferovinum was the industry’s largest disclosed deal. GlobalData’s Consumer Goods Industry Mergers and Acquisitions Deals by Top Themes in Q1 2024 report offers critical insights into the M&A activity in the industry and the key themes driving the top deals. Buy the report here.

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In value terms, M&A activity in Europe decreased by 100% in Q1 2024 compared with the previous quarter’s total of $1.3bn and fell by 99% as compared to Q1 2023. Related deal volume increased by 33% in Q1 2024 versus the previous quarter and was 46% lower than in Q1 2023.

The top-ranked financial advisors supporting these M&A deals in Europe in Q1 2024 were Studio Montinari; Studio Pirola Pennuto Zei & Associati; Tosetti Value Corporate Finance with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in Europe in Q1 2024 were BonelliErede; Pavesio e Associati with 1, 1 deals respectively.

For further understanding of GlobalData's Consumer Goods Industry Mergers And Acquisitions Deals By Top Themes In Q1 2024 – Thematic Intelligence, buy the report here.

This content was updated on 23 April 2024

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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.