27 acquisitions in June
June was an unusual month for food and drink transactions. Just 27 were recorded on the bevblog.net database and none was above €600 million.
The largest, at €590 million, was a private equity and management deal over Labeyrie Fine Food in France.
The 27 were spread across many sectors, including 5 in packaging, 4 in alcohol, 3 in soft drinks and 2 each in dairy and ingredients.
Most were within national borders and only 8 fully international. The United States featured in 13, France in 5 and the United Kingdom in 4, with China, Spain and Switzerland on 2 each.