News and Analysis

Henkel is buying Olaplex for $1.4 billion. Mars completed its Kellanova acquisition bringing Pringles and Cheez-It under one roof. Saks Global filed for bankruptcy. Here is every significant brand ownership change from January through March 2026.

Q1 2026 delivered record M&A activity worth $1.3 trillion globally. McCormick is buying Unilever's food brands for $45 billion. Henkel bought Olaplex. Mars finished integrating Kellanova. Here are the ten brand deals that defined the first quarter.