39 acquisitions in June
June saw 39 food and drink industry transactions recorded on the bevblog.net mergers and acquisitions database.
4 were above $500 million and 2 of these were more than $1,000 million. The biggest were:
• €2,945 million for US based Apollo private equity firm to purchase French Saint Gobain’s Verallia packaging operations
• $1,500 million for Brazil’s JBS to buy Marfrig’s Moy Park meat business in Europe.
Of the 39 total, 8 were in alcohol, 5 in ingredients, 4 in dairy, 4 in packaging, 3 in equipment and 3 in soft drinks.
24 countries were involved. The United States participated in 18, the United Kingdom in 6, then France, Italy and Spain in 4 each, followed by Australia, Germany and Netherlands in 3 each.