UK corporates dominated M&A activity in the UK F&B sector during the first tertial of 2019. They accounted for 65.0% of total deal volume, the highest proportion for the same period since 2013.
Overseas investors were responsible for 30.0% of total deal volume compared with 37.2% for the whole of 2018; potentially showing some hesitancy to invest in the UK whilst questions surround Brexit.
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