GlobalData reports that mega-deals in Q2 2025 reached $438 billion, with $61bn linked to supply chain transactions, emphasizing a shift towards localized and tech-driven operations amidst global uncertainty.

Mega-deals, valued at $1 billion or more, rose by 21% YoY in Q2 2025. Supply chain resilience was key, with 28 deals spanning consumer, industrials, and healthcare sectors.

3G Capital’s $9.7bn acquisition of Skechers was the largest supply chain deal in Q2 2025, also the biggest in the consumer sector.

North America dominated M&A activity in Q2 2025 with 3,027 deals worth $357 billion, but all regions except Europe saw growth in deal value.

The M&A outlook for the rest of 2025 is cautiously optimistic, driven by potential interest rate cuts and the need to adapt to new tariff landscapes. Large deals in the US may face antitrust challenges.

Read more at Yahoo Finance: Skechers was largest Q2 supply chain deal as resilience drives deal value