The year 2017 was a record one for mergers and acquisitions in the Italian Retail & Consumer sector, with a total of 178 transactions taking place, according to a report by PwC.
Of the deals, 91 were domestic, 58 were undertaken by foreign operators on Italian targets and 29 by Italian operators on foreign targets.
With regard to the 178 operations announced in 2017, some 57 were carried out in the Food sector, 23 in the Beverage sector, 11 in the Personal Care & Cosmetics sector, 34 in Fashion & Luxury, 18 in the Furniture & Design sector and 35 in the Specialty Retailers & Leisure sector.