M&A Activity

DFI Retail divested Maxim's stake in exchange for acquiring Starbucks license and receiving $340m in proceeds

Leadership read: Consolidation shifts the leadership question from growth to integration. For Jardines' DFI Retail in the sector, the demand moves toward transformation and integration leaders who can merge teams, systems and cultures without losing momentum. Across Asia, watch whether the integration is properly resourced; deals are won or lost the year after they close.

curated · 2026-10-01 · context →

Sycamore Partners is in advanced discussions to divest Boots (UK health and beauty retailer) to Wittington Investments (Weston family investment vehicle) in a transaction valued at approximately $9 billion. Deal could be agreed within one week.

Leadership read: Consolidation shifts the leadership question from growth to integration. For Sycamore Partners in the sector, the demand moves toward transformation and integration leaders who can merge teams, systems and cultures without losing momentum. Across EMEA, watch whether the integration is properly resourced; deals are won or lost the year after they close.

curated · 2026-10-01 · context →

Sycamore Partners is in advanced talks to sell Boots to Canada's Weston family for $9bn (£7bn). Sycamore acquired the wider Walgreens Boots Alliance for $23.7bn in 2025; this represents a carve-out sale of the UK pharmacy business. Deal expected to close within days.

Leadership read: Consolidation shifts the leadership question from growth to integration. For Sycamore Partners / Boots (Walgreens Boots Alliance) in the sector, the demand moves toward transformation and integration leaders who can merge teams, systems and cultures without losing momentum. Across EMEA, watch whether the integration is properly resourced; deals are won or lost the year after they close.

curated · 2026-10-01 · context →

Weston family in advanced talks to acquire Boots pharmacy chain from Sycamore Partners for £7bn; deal expected within one week. This follows rejection of an earlier lower bid and abandonment of Boots' London IPO plans.

Leadership read: Consolidation shifts the leadership question from growth to integration. For Weston family (via associated entities) in the sector, the demand moves toward transformation and integration leaders who can merge teams, systems and cultures without losing momentum. Across EMEA, watch whether the integration is properly resourced; deals are won or lost the year after they close.

curated · 2026-10-01 · context →

Nueva Pescanova divested its chilled seafood business in France to Ecuadorian shrimp supplier Grupo Omarsa. Strategic asset sale indicating portfolio rationalization or geographic rebalancing.

Leadership read: Consolidation shifts the leadership question from growth to integration. For Nueva Pescanova in the sector, the demand moves toward transformation and integration leaders who can merge teams, systems and cultures without losing momentum. Across EMEA, watch whether the integration is properly resourced; deals are won or lost the year after they close.

curated · 2026-10-01 · context →

The Payments Association acquired TPA EU to expand internationally

Leadership read: Consolidation shifts the leadership question from growth to integration. For The Payments Association in the sector, the demand moves toward transformation and integration leaders who can merge teams, systems and cultures without losing momentum. Across EMEA, watch whether the integration is properly resourced; deals are won or lost the year after they close.

curated · 2026-10-01 · context →

nVent Electric completed acquisition of Maverick Power for $1.75B, with up to $550M in earnout consideration based on 2027-2028 performance metrics. Maverick Power manufactures engineered power distribution and infrastructure solutions for data centers.

Leadership read: Consolidation shifts the leadership question from growth to integration. For nVent Electric plc in the sector, the demand moves toward transformation and integration leaders who can merge teams, systems and cultures without losing momentum. Across EMEA, watch whether the integration is properly resourced; deals are won or lost the year after they close.

curated · 2026-10-01 · context →

Finning acquired John F Hunt Power Group Ltd., a specialist power rental company, to expand its power rental capabilities.

Leadership read: Consolidation shifts the leadership question from growth to integration. For Finning in the sector, the demand moves toward transformation and integration leaders who can merge teams, systems and cultures without losing momentum. Across EMEA, watch whether the integration is properly resourced; deals are won or lost the year after they close.

curated · 2026-10-01 · context →

Greenforce acquired Berlin-based plant-based egg-alternative startup Neggst, integrating its patent portfolio and product line. Greenforce itself is set to be acquired by LIVEKINDLY Collective (pending regulatory approval as of July 1, 2026).

Leadership read: Consolidation shifts the leadership question from growth to integration. For Greenforce Future Food AG in the sector, the demand moves toward transformation and integration leaders who can merge teams, systems and cultures without losing momentum. Across EMEA, watch whether the integration is properly resourced; deals are won or lost the year after they close.

curated · 2026-10-01 · context →

Neggst was acquired by Greenforce Future Food AG, granting the startup access to industrial production capacity and global distribution network. The acquisition is contingent on Greenforce's pending acquisition by LIVEKINDLY Collective.

Leadership read: Consolidation shifts the leadership question from growth to integration. For Neggst in the sector, the demand moves toward transformation and integration leaders who can merge teams, systems and cultures without losing momentum. Across EMEA, watch whether the integration is properly resourced; deals are won or lost the year after they close.

curated · 2026-10-01 · context →

Finning UK & Ireland acquired John F Hunt Power Group, including temporary-power specialist John F Hunt Power and equipment manufacturer Morris Machinery. Deal value undisclosed.

Leadership read: Consolidation shifts the leadership question from growth to integration. For Finning UK & Ireland in the sector, the demand moves toward transformation and integration leaders who can merge teams, systems and cultures without losing momentum. Across EMEA, watch whether the integration is properly resourced; deals are won or lost the year after they close.

curated · 2026-10-01 · context →

Kone plans to divest TK Elevator's European operations to address antitrust regulatory concerns, likely as a condition of or to facilitate a prior acquisition or merger.

Leadership read: Consolidation shifts the leadership question from growth to integration. For Kone in the sector, the demand moves toward transformation and integration leaders who can merge teams, systems and cultures without losing momentum. Across EMEA, watch whether the integration is properly resourced; deals are won or lost the year after they close.

curated · 2026-10-01 · context →