2019 started with 68 food and drink industry transactions recorded in the bevblog.net mergers and acquisitions database for January.
Most were modest, including 17 fund raising rounds, with just 2 involving sums of more than $500 million. In fact, both of these exceeded $3,000 million.
• £3,320 million for US-based Apollo private equity to buy UK-based RPC in packaging.
• €3,200 million sales for the French co-operative merger between d’Aucy and Triskalia to form Eureden.
Of the 68, 10 were in alcohol, 9 in dairy, 9 in packaging, 6 in ingredients and 4 in bakery.
Emerging categories included 3 for meal kits, 2 for plant-based and a first for CBD (cannabidiol) as well as for hydroponic (vertical farming).
34 were within national borders, 19 in the United States, 5 in France and 4 in the United Kingdom. 34 were international, spanning 30 countries.
Across the total, 32 featured the United States, 12 France, 10 the United Kingdom, 4 Germany and 3 India.