41 acquisitions in February

Original article published by Beverage Blog - Tuesday 07 March 2017

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.

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