In the food and beverage sector in Q4 2025, 57 transactions were announced, finishing the year with an encouraging H2 that saw a 17.3% increase in deal activity from H1 2025. This rebound from H1 2025 (which marked a 10-year low in the food and beverage sector) suggests a growing appetite among buyers for M&A. For the year ending December 31, 2025, 239 transactions were announced, marking a 20.9% decline from the previous year.
While deal volume in Q4 2025 fell quarter over quarter in the food and beverage sector, the quality of deals remained strong.
Want to know more about the industry insights and notable deals in the quarter? Read more in our Food & Beverage Industry Insights - Winter 2026
Food and Beverage M&A Industry Valuation Data
Our Food and Beverage M&A Industry Insights–Winter 2026 report aims to identify trends and provide insights across the sector, focusing on key themes, issues and opportunities. To view additional valuation data and public company trading statistics, download our Food and Beverage M&A Industry Valuation Data–Winter 2026.

Stay Ahead with Kroll
Mergers and Acquisitions (M&A) Advisory
Kroll’s top ranked M&A Advisory practice spans sell-side, buy-side, due diligence, deal strategy and structuring, and capital raising.
Consumer, Food, Restaurant and Retail Investment Banking
Consumer, Food, Restaurant and Retail expertise for middle-market M&A transactions.
Investment Banking
Kroll’s Investment Banking practice specializes in middle-market transactions, offering tailored M&A advisory and capital-raising services to private equity firms, corporations, and business owners.









