Deal volumes soften in Q3 but confidence remains

Hovis strength baked in ad still

Source: Hovis

Landmark deals such as the combination of Greencore and Bakkavor and the merger of Kingsmill and Hovis buoyed ongoing optimism in food & drink M&A activity, despite momentum slowing in the third quarter

Deal volumes softened slightly in Q3 from the highs of the previous quarter, the latest M&A report from professional services firm Grant Thornton has showed.

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