Ecommerce companies made up over half of the retail M&A transactions over the last year, as retail businesses continued to invest in their online brand presence, according to research by international law firm RPC.
In all, there were 18 ecommerce M&A deals, while a further 13 were completed by omnichannel retailers, with just three deals involving pure bricks and mortar retailers.
The number of UK M&A deals targeting retailers showed an increase of 30% since prior to the pandemic, with 34 retail M&A deals confirmed in 2022 compared with 26 in 2019, RPC added.
