In the North American retail, wholesale & foodservice industry, there were 161 M&A deals announced in Q1 2023, worth a total value of $3bn, according to GlobalData’s Deals Database. The $2.1bn acquisition of uni-select by lkq was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Foodservices Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

Smarter leaders trust GlobalData

In value terms, M&A activity in North America decreased by 92% in Q1 2023 compared with the previous quarter’s total of $37bn and rose by 47% as compared to Q1 2022. Related deal volume decreased by 6% in Q1 2023 versus the previous quarter and was 15% lower than in Q1 2022.

The top-ranked financial advisors supporting these M&A deals in North America in Q1 2023 were Stifel Financial; Performance Brokerage Services; Bank of Montreal with 3, 2, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in North America Q1 2023 were Fasken Martineau DuMoulin; Ellenoff Grossman & Schole; McCarter & English with 4, 2, 2 deals respectively.

For further understanding of GlobalData's Foodservices Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.