Greek F&B sector update | Q4 2023 M&A report


27 March 2024

  • The Greek F&B sector witnessed a surge in M&A activity during Q4 2023, primarily driven by strategic players seeking expansion through acquisitions.
  • All sub-sectors within the F&B industry experienced positive returns in the same quarter, with improvements in the supply chain being a key contributing factor.
  • Despite a slight increase in trading multiples for certain sub-sectors, valuations remained below their 12-month average.