A 2024 review of mergers and acquisitions (M&A) in the UK F&B sector reveals that total deal volume surged 29% from the 117 deals held in the previous year. According to the corporate advisory firm Oghma Partners, the total deal value recorded a robust increase, even excluding Carlsberg’s US$4.2 billion acquisition of Britvic. Grocery and confectionery deal volumes remained consistently high at 22.5%.