In the Canadian retail, wholesale & foodservice industry, there were 13 M&A deals announced in Q1 2023, worth a total value of $2.1bn, 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.
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In value terms, M&A activity in Canada increased by 2249% in Q1 2023 compared with the previous quarter’s total of $89.4m and rose by 243% as compared to Q1 2022. Related deal volume increased by 8% in Q1 2023 versus the previous quarter and was 46% lower than in Q1 2022.
The top-ranked financial advisors supporting these M&A deals in Canada in Q1 2023 were Bank of America; Royal Bank of Canada; Toronto-Dominion Bank with 1, 1, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in Canada Q1 2023 were Fasken Martineau DuMoulin; Davies Ward Phillips & Vineberg; Linklaters with 4, 1, 1 deals respectively.
For further understanding of GlobalData's Foodservices Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.
