40 acquisitions in November
40 more food and drink transactions found their way on to the bevblog database in November. The biggest was a $1,300 million outlay by Japanese brewer Kirin for the second half of Brazil’s Schincariol, though a soft drinks transfer between PepsiCo and Tingyi in China could prove to be of greater consequence.
Overall, 26 of the 40 deals crossed borders. 21 involved the United States, 7 the United Kingdom, 5 France, 4 China, 3 each Brazil and Japan.
14 were in food, 13 in alcohol, 7 in soft drinks and 3 in ingredients.