53 acquisitions in June

Original article published by Beverage Blog - Thursday 04 July 2019

53 food and drink industry transactions were added to the bevblog.net mergers and acquisitions database in June.

Only 2 reached the $500 million mark:

•  €475 million in foodservice for UK-based Compass to buy Fazer Food Services in Nordics

•  $500 million in spirits for Asia’s Hillhouse Capital private equity to purchase a majority of Loch Lomond Group in UK.

Of the 53 deals, 8 were in dairy, 7 in alcohol, 6 in soft drinks and 4 each in equipment and ingredients.

Among the newer categories, there were 2 in vertical farming, 1 in alcohol-free, 1 in CBD, 1 in dairy-free and 1 in liquid food.

27 were within national borders, with 14 of these in the United States and 4 in the United Kingdom. 26 were international.

19 countries featured overall, with the US involved in a total of 22, the UK in 11, France in 5, Germany in 5, Australia in 4, Italy in 4 and Switzerland in 3.

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