RL Hulett：2026年第一季度全球食品与消费行业并购市场研究报告（英文版）（22页）.pdf

1、Food&Consumer M&A UpdateQ1 2026REPORT CONTRIBUTORSFor more information on R.L Hulett or this report please visit our website at ,call us at(314)721-0607,or contact a professional listed on this page.Food&Consumer M&A UpdateQ1 2026REPORT CONTRIBUTORSTrevor HulettManaging DCONTENTS3 Global Deal Analyt

2、ics7 Valuation Multiples10 Leading M&A Deals13 Industry Outlook14 About R.L.Hulett16 Selected Transactions18 Our M&A TeamDax KugelmanAREPORT HIGHLIGHTS In Q1,the S&P Food&Beverage Select Industry Index increased by 3.4%,outperforming the S&P 500 which saw a 4.8%decrease over the same period.The medi

3、an EV/EBITDA multiple for reported private equity deals in the Food&Consumer sector decreased to 10.4x in Q1 from 10.8x in 2025,and decreased for strategic deals to 6.2x from 8.5x in the prior year.M&A deal volume in the sector increased 15.0%in Q1 to 491 deals from 427 in Q4 2025,and increased 9.1%

4、from 450 deals in Q1 of the prior year.Europe was the most active region in Q1 with 196 deals.Most notable in Europe was Keurig Dr Peppers$22.9 billion acquisition of JDE Peets,a Netherlands-based global coffee and tea company.Total capital invested in M&A transactions decreased 0.6%in Q1 to$50.2B f

5、rom$50.5B in Q4 2025 largely driven by a single mega-deal($20B)in each quarter.The largest deal in Q1 was the JDE Peets transaction while in Q4,Mars acquired Kellanova for$35.0 billion.Ryan HartmanAFood&Consumer M&A Update|Q1 2026|Page 3Source:PitchBook DataGlobal Deal Analytics156196701014Of the 49

6、1 deals in the Food&Consumer sector in Q1,Europe was the most active with 196.A notable European deal in the quarter(in addition to the JDE Peets deal mentioned on the previous page)was LOreals$4.6 billion acquisition of Creed Fragrances,a UK-based luxury fragrance house.North America was the second