Artikkel
Deloitte M&A sector report
Nordic Consumer transactions
Biannual updates with recent M&A transactions, analyses and insights into key industry trends, covering the Nordics.
FY 2023 Nordic Consumer M&A sector report
Updated March 20th, 2024
Sustained Deal Volumes with Strategic Valuation Adjustments
Despite economic uncertainties, the Nordic M&A consumer sector maintained high activity levels, showcasing a 35% increase in deal volumes from H2-22 to H2-23. Investors and companies navigated through the valuation recalibration, with trading multiples settling well below historical averages, reflecting the market's evolving dynamics and cautious optimism.
Rebounding Consumer Confidence
A significant recovery in consumer confidence was observed across the Nordics in 2023, after a period of higher high’s in 2021 and lower low’s in 2022, compared to indexed consumer confidence in the rest of the world. This resurgence indicates a positive shift in consumer sentiment, potentially driving increased spending and investment in the region.
Robust Engagement Despite Economic Headwinds
The Nordic region's consumer M&A landscape demonstrated resilience and strategic adaptability amidst challenges like inflation and geopolitical tensions. The market's sustained deal activity and optimistic consumer outlook hint at a vibrant environment ripe for strategic opportunities and growth.
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Former reports
2022
FY 2022 Nordic Consumer M&A Sector Report
We have seen a significant drop in deal volume for all the Nordic countries from FY21 to FY22, except for Norway where activity have been stable.
Former reports
2022
H1 2022 Nordic Consumer Transaction Market
High inflation combined with a European energy crisis and rising interest rates hit the Nordic countries in H1 2022, and is expected to impact consumer spend going forward.
2021
2021 M&A Consumer Sector Report
Following a strong development in trading valuation, the Nordic consumer index had a correction through 2019 and a further dip in 2020, due to Covid-19. Trading valuation levels have since rebounded and, following a strong end to 2020, the index has continued developing positively in 2021.