Aoife Xuereb, Nanda Lau and Andrew Rich discuss the outlook for M&A activity in Asia and Australia in the consumer sector, in light of the significant global macro-economic headwinds. They note that, despite those headwinds, M&A markets remain very much ‘open for business’.
They also discuss how many consumer companies are looking to use M&A to reposition themselves through carving out companies, divisions and brands that are either no longer core or underperforming. They note that private capital firms with cash to deploy and trade buyers with strong balance sheets remain as keen as ever to acquire strong brands with stable cash flows.
For more on what to expect in 2023 and beyond on the M&A front, read our Global M&A Outlook: https://www.herbertsmithfreehills.com/latest-thinking/global-ma-outlook-2023-consumer-2022-was-a-challenging-year-compared-to-2021