44 Acquisitions in October
No let up on the transaction front, then. October was another strong month, with 44 in total and 3 over $1,000 million.
The biggest was Sealed Air’s $4,300 million purchase of Diversey in the United States. The other two were a brewing deal worth $1,900 million between Turkey’s Anadolu and Britain’s SABMiller, followed by France’s $1,000 million ingredients takeover of Vermandoise by Cristal Union.
Among the 44, 8 were in packaging, 7 in beer, 6 in food, 5 each in ingredients and soft drinks and 4 in dairy.
22 stayed inside national borders and 22 crossed into other countries. 27 countries were involved overall.
The United States was the most active on 20. After that came the United Kingdom on 8, France and Germany on 4 each, then Finland and the Netherlands on 3 each.
The United States and United Kingdom were the leading international buyers, with Germany and the United Kingdom the main international sellers.