41 acquisitions in December
2014 ended with 41 more food and drink industry transactions recorded on the bevblog.net database for December, but only one of these exceeded $500 million.
This was the $1,300 million ingredients purchase of US Archer Daniels Midland’s cocoa business by Singapore’s Olam international. Olam also spent $176 million on another US business McCleskey Mills.
The next biggest was €178 million for US Keurig Green Mountain to buy the remaining 85% of Malta’s Bevyz dispense system business.
Of the 41 monthly total, 9 were in alcohol, 6 in soft drinks, 5 in dairy, 5 in ingredients and 4 in packaging.
19 involved the United States, followed by France on 5 and Mexico on 4, then Australia, Canada, Switzerland and the United Kingdom on 3 each. All 4 Mexico transactions were purchases. All 3 Canada transactions were sales.