OVERVIEW

Highlights from our April 2026 Barometer, covering deals and valuation multiples in UK M&A in March 2026. Request the Executive Summary below.

HIGHLIGHTS

As of the publication date, 447 UK M&A deals were announced in March 2026. In addition to the most up-to-date figure at the time of publication, we also report an estimated total for the month, which includes a provision for deals completed during the month but not reported until after the report cut-off date.

DEAL COMMENTARY

The largest deal was McCormick’s acquisition of Unilever’s food business for £33.8 billion.

SPOTLIGHT TRANSACTIONS

Other deals during March included:

• Axel Springer’s acquisition of Telegraph Media Group for £575 million.
• Kraken Robotics’ acquisition of Cavelya for £462 million.
• Embecta’s acquisition of Owen Mumford for £150 million.

The smaller end of the market witnessed the following deals:

• NOTE’s acquisition of STI Enterprises for £72.5 million.
• Datdigital Group’s acquisition of Alia Software for £45 million.
• RS Group’s acquisition of BPX Group for £30 million.

Request the executive report below. Please contact kathryn.stevenson@marktomarket.io to discuss access to the full list of deals in the MarktoMarket Valuation Barometers.

For the full list of previous Barometers – visit our reports page.