M&A appetite remains strong after 2025 uplift, figures show

Applaws range MPM

Transaction numbers rose 9% year on year, with total deals up from 169 in 2024 to 184. This growth signalled renewed confidence across the market as economic conditions began to stabilise, said BDO

Deal activity ramped up in 2025 as petfood and nutrition M&A bulked up volumes, with appetite remaining strong in 2026 despite geopolitical uncertainty, according to figures out today

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