39 acquisitions in May
2 of May’s 39 food and drink industry transactions recorded on the bevblog.net database were worth more than $1,000 million:
• $2,150 million for the US based Owen-Illinois packaging purchase of Vitro in Mexico
• $1,200 million for Suntory to buy Japan Tobacco’s beverage and vending business.
Out of the 39 total, 9 were in alcohol, 6 in soft drinks, 5 in packaging, 4 in services and 3 each in dairy and ingredients.
25 countries were involved, with the United States featuring in 19 deals including 12 within the country. The other most active nations were the United Kingdom on 7, France on 6, Germany on 3 and Turkey on 3.