33 acquisitions in August
August saw 3 food and drink transactions worth over $1,000 million out of 33 recorded on the bevblog.net database for the month.
The top 3 were:
• $3,150 million for the private equity purchase of Australia’s Treasury Wine Estates by Rhone and Kohlberg Kravis Roberts
• $2,150 million for Coca-Cola’s 16.7% stake in Monster alongside various mutual brand transfers
• $1,430 million for Oak Hill private equity to buy Berlin Packaging in the United States.
Among the 33, 7 were in packaging, 5 in alcohol, 4 in soft drinks, 3 in dairy and 2 in hot drinks.
17 involved the United States, 10 solely within its borders. Of the 21 other countries featured, the United Kingdom participated in 5, Canada and India in 3 then Australia, Brazil, China, France and Switzerland in 2 each.