We have a high level of expertise and a robust network in our focus sectors. We understand our clients’ needs and goals from our own experience as M&A managers at large corporations which do regular M&A deals and entrepreneurs with personal exit experience.
We form international sector teams to work on cross-border transactions and regularly discuss market and M&A trends in meetings and teleconferences. On this page we have provided you with an overview of our management, issues and transactions in our focus sectors.
M&A trends & market analysis
During the Milan 2017 Globalscope conference, the network’s global Consumer sector team met to discuss recent transactions and the evolving underlying structural drivers of the global sector M&A landscape.
A key theme is the growth of Direct to Customer (D2C) companies and how traditional competitors are adapting. More details can be obtained from team members or regional heads – see contact details below.
Notable recent transactions
BAT Agrees Takeover of Reynolds American
British American Tobacco has agreed to a $49.4bn takeover of U.S. rival Reynolds American, creating the world's biggest listed tobacco company.
Gore Holdings Acquires Hostess Brands
The affiliate of The Gore Group completed their acquisition of Hostess Brands, LLC, the maker of favourite American snacks Twinkies, Ding Dongs and CupCakes, in a $725m deal.
L Catterton Acquires Pinarello
L Catterton, the largest consumer-focused private equity firm in the world, has acquired Pinarello, a leading brand of premium road bicycles, accessories and apparel.
Lower-mid market observations
Impact of BAT
The proposed US border adjustment tax, or BAT, could drive up prices for everyday necessities (food, petrol, clothing, medicine), directly impacting the customer. It might create a potential global trade war that would curtail US growth, directly conflicting with President Trump’s plan for the States.
UK Market Bolstered by Mid-Market
The contribution of the UK mid-market is set to rise over the coming years. The economy will receive an 18% boost from some 35,000 or so companies over the next five years, from $360bn in 2015 to $420bn in 2020.
Less is More
Food manufacturers will have to continue to make food products that are less processed as consumers demand more transparency and foods that are closer to their natural state.
Economic fundamentals for consumer spending are solid going into 2017, which gives travel companies a good reason to remain optimistic about demand for holidays and trips of all types.
Vietnam Becoming a Key Manufacturer
The Trans-Pacific Partnership (TPP) trade deal has now become synonymous with sourcing in Vietnam, with reduced tariffs becoming a lucrative prospect for the manufacturing-heavy country.
CPG Giants vs D2C Start-Ups
Companies that have historically encountered few online competitors are now reacting to disruptive influences from focused, predominantly online, D2C start-ups.