54 acquisitions in February

Original article published by Beverage Blog - Thursday 08 March 2018

With 54 food and drink transactions recorded in the bevblog.net food and drink mergers and acquisitions database for February, the rate of deal making was as busy as ever.

The character of investment, however, is changing. 8 of the 54 were funding rounds.

The scale of activity was also down for the month. Unusually, there were no trades above $500 million and just 2 over $250 million, both in fresh produce:

• $361 million for Fresh Del Monte Produce to buy Mann Packing in the United States

• €242 million for Ireland’s Total Produce to take a 45% stake in US based Dole.

Of the 54 total, 10 were soft drinks, 7 in dairy, 5 in alcohol, 5 in ingredients, 4 in fresh produce, 4 in packaging and 3 in bakery.

28 were inside national borders, 17 of these in the United States and 7 in the United Kingdom.

24 countries were involved overall, with the United States featuring in 26 of the 54, the United Kingdom in 11, Germany in 4 and Denmark, France, Netherlands and Switzerland each in 3.



Go back

Contact us

  • Forename
  • Surname
  • Telephone
  • Email
  • Company
  • Your message
  • How did you hear about Zenith Global?
  • Please specify how if 'Other'

Please leave us a message and we will be happy to answer any questions you may have.

Zenith Global Ltd
7 Kingsmead Square
United Kingdom
UK tel: +44 (0) 1225 327900
US tel: +1 (404) 372 2758

Like most other business websites, we use ‘cookies’ to track usage and enhance website functionality. You are welcome to opt out or give your consent by continuing without changing this setting.

Change settings Continue

Find out more about Cookies