September saw a total of 51 transactions recorded on the bevblog.net mergers and acquisitions database.
7 involved sums of $500 million or more and 3 of these exceeded $1,000 million:
• €2,500 million for Mexico’s Femsa to sell a 5.24% stake in the Dutch brewer Heineken
• $1,500 million for Post Holdings to buy the Bob Evans Farms meat business in the United States
• £1,000 million for US based Pilgrim’s Pride to take control of UK based Moy Park from Brazil’s JBS, also in meat.
Of the 51 total, 10 were in ingredients, 7 in alcohol, 6 in meat, 5 in packaging, 4 in soft drinks and 3 each in dairy and snacks. There was also 1 in insects.
23 deals involved the United States, 10 the United Kingdom, 5 Switzerland (all purchases), 4 Australia, 4 Canada (all local) and 3 apiece Belgium, Germany, Italy and Sweden.
23 countries featured, with 20 inside national boundaries and 31 international.