In the Singaporean retail, wholesale & foodservice industry, there were 5 M&A deals announced in Q1 2023, worth a total value of $504.4m, according to GlobalData’s Deals Database. The $495.9m minority acquisition of gold ridge pte ltd  by frasers centrepoint trust and frasers property 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.

In value terms, M&A activity in Singapore remained flat in Q1 2023 compared with the previous quarter and as compared to Q1 2022. Related deal volume increased by 400% in Q1 2023 versus the previous quarter and was 25% higher than in Q1 2022.

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