February added 41 food and drink transactions to the bevblog.net global mergers and acquisitions database. 4 involved sums over $500 million:
• $17,900 million for UK based Reckitt Benckiser to buy US infant nutrition business Mead Johnson.
• $6,970 million combined sales from the dairy fusion of Japan’s Morinaga & Co with Morinaga Milk.
• €664 million for Dutch based Heineken to purchase Japanese Kirin’s beer operations in Brazil.
• $640 million for UK based RPC to win US based Letica in packaging.
Among the 41 total, 8 were in dairy followed by 5 each in alcohol, ingredients, packaging and soft drinks.
24 countries featured, led by the United States on 21, then the United Kingdom on 6, the Netherlands on 4 and Japan on 3.
21 were within national borders, including 14 in the United States.