Greek F&B sector update | Q4 2022 M&A report

Articles

30 January 2023

F&B companies pushed through another quarter of challenges as raw materials, packaging, and energy prices continue to increase, hurting margins and profitability. Despite the headwinds, valuation multiples for all F&B sub-sectors increased during 4Q2022, while deal volume soared by 40% compared to Q3. The sector's resilience continues to attract investors' attention, with Greek exporting companies widely covered as buyers are betting on the long-term fundamentals of made-in-Greece / Mediterranean food products.