43 acquisitions in March
43 food and drink industry transactions were recorded on the bevblog.net mergers and acquisitions database for March. One was huge and most of the rest were quite small.
The giant deal was the $40,000 million purchase of Kraft by 3G and Berkshire Hathaway to merge it with Heinz.
The next biggest was the $800 million US packaging purchase of Citadel Plastics by A Schulman.
Of the 43 total, 10 transactions were in alcohol, 9 in soft drinks, 6 in packaging and 3 in dairy.
29 countries featured overall, with the United States involved in 20, followed by the United Kingdom on 10. Switzerland made 4 sales and France 3 sales. Australia and Ireland each made 3 purchases.