49 acquisitions in March

Original article published by Beverage Blog - Thursday 04 April 2019

Lower than expected. 49 food and drink industry transactions were recorded on the bevblog.net mergers and acquisitions database in March. Not only that. There were fewer of scale than usual. Just 2 reached $500 million, though 1 of these exceeded $4,000 million.

• £3,340 million for US-based Berry Global to buy UK-based RPC in packaging.

• $585 million for US-based Olympus private equity to buy UK-based DS Smith’s plastics division.

Of the 49 total, 10 were in ingredients, 6 in alcohol, 6 in soft drinks, 5 in plant-based and 3 each in dairy, packaging and services.

18 were inside national borders, 15 of these in the United States. 31 were international, spanning 25 countries.

The United States topped the overall rankings on 27, followed by the United Kingdom on 9, France on 4, Japan on 4 and 3 apiece for Belgium, China, Norway and Sweden.

The UK made 7 international divestments and Japan 4 international purchases. 8 of the March list were funding rounds.

Comments

 

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
Bath
BA1 2AB
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