UK M&A supply chain & logistics activity Q3 2024

In the third quarter of 2024, the UK's supply chain and logistics sector experienced a significant resurgence in investment and mergers and acquisitions (M&A) activity, reaching levels not seen in five years.

**Surge in M&A Activity**

Between July and September 2024, the sector recorded 27 completed deals, matching the high levels previously observed in the fourth quarter of 2023. This marked the highest quarterly number of deals in the past five years. Notably, 44% of these transactions involved overseas acquirers, up from 38% in the prior quarter, highlighting the UK's continued appeal to international investors. ([motortransport.co.uk](https://motortransport.co.uk/industry-news/logistics-manda-activity-sees-quarterly-five-year-high-as-deal-volume-bounces-back-bdo-report-reveals/24916.article)

**Key Transactions**

A prominent deal during this period was Apollo Global Management's £2.7 billion acquisition of Evri, a leading UK parcel delivery company. This transaction underscores the strong interest in the UK's logistics capabilities and the strategic value placed on established networks within the country. ([bdo.co.uk](https://www.bdo.co.uk/en-gb/insights/advisory/risk-and-advisory-services/2025-predictions-for-the-transport-and-logistics-industry?))

**Global Context**

Globally, supply chain resilience emerged as a key theme driving M&A activity. In the third quarter of 2024, there were $71 billion in supply chain-related transactions across 38 deals among the top 200 deals, reflecting a broader emphasis on strengthening supply chains. ([globaldata.com](https://www.globaldata.com/media/thematic-research/supply-chain-resilience-drives-18-yoy-growth-in-global-ma-deal-activity-in-q3-2024-reveals-globaldata/)

**Outlook**

The robust M&A activity in the UK's logistics and supply chain sector during Q3 2024 indicates a renewed confidence among investors. Factors such as the strategic importance of supply chain resilience and the UK's position as a prime destination for global investment are expected to continue driving interest and investment in this sector.

- [ft.com](https://www.ft.com/content/8ce06f13-c09c-42b4-ba65-d29d4983d60d)
- [ft.com](https://www.ft.com/content/93a7b9f1-7bde-48b9-90f5-5584c2f92fa1)
- [ft.com](https://www.ft.com/content/7727db4b-a7aa-4b72-8411-727b70a5de2d)