Zenith Global - Home
  • About us
  • Consulting services
  • Market insights
  • Events
  • News
  • Contact
  • Our team
  • Case studies
  • Careers
  • Community
  • Commercial Consulting
    • Market and category research
    • International expansion and market entry
    • Commercial strategy development
    • Partner search, recommendations and connections
  • Transaction Services
    • Due diligence
    • Acquisitions and target search
    • Valuation
    • Business sale and divestment
  • Water & Environment
    • Water source search development and sustainability
    • Water source inspection testing rehabilitation
    • Source vulnerability assessment
    • Groundwater protection and risk management
    • Water quality troubleshooting
    • Due diligence
    • Regulatory advice
    • Water stewardship
  • Operations Consulting
    • Design consultation
    • Feasibility
    • Operational excellence
    • Capital projects
  • Associates & Sustainability
  • Reports
  • Mergers & acquisitions
  • Upcoming events
  • Past events
  • Sponsorship
  • Industry news
  • Press releases
  • Blogs
  • About us
  • Consulting services
  • Market insights
  • Events
  • News
  • Contact
  • About Us
  • Our team
  • Case studies
  • Careers
  • Community
  • Consulting Services
  • Commercial Consulting
  • Transaction Services
  • Water & Environment
  • Operations Consulting
  • Associates & Sustainability
  • Commercial Consulting
  • Market and category research
  • International expansion and market entry
  • Commercial strategy development
  • Partner search, recommendations and connections
  • Transaction Services
  • Due diligence
  • Acquisitions and target search
  • Valuation
  • Business sale and divestment
  • Water & Environment
  • Water source search development and sustainability
  • Water source inspection testing rehabilitation
  • Source vulnerability assessment
  • Groundwater protection and risk management
  • Water quality troubleshooting
  • Due diligence
  • Regulatory advice
  • Water stewardship
  • Operations Consulting
  • Design consultation
  • Feasibility
  • Operational excellence
  • Capital projects
  • Market Insights
  • Reports
  • Mergers & acquisitions
  • Events
  • Upcoming events
  • Past events
  • Sponsorship
  • News
  • Industry news
  • Press releases
  • Blogs
  • News
  • Blogs
  • 47 acquisitions in December
News
  • Industry news
  • Press releases
  • Blogs
7th January 2020 Mergers & Acquisitions

47 acquisitions in December

December 2019 was a slower month for food and drink industry transactions, with 47 recorded on the bevblog.net mergers and acquisitions database.

Their scale, however, was very substantial, with 5 involving sums greater than $500 million including 2 above $5,000 million. The biggest were:

• $26,200 million in ingredients for the US-based merger of IFF with DuPont’s Nutrition & Biosciences business

• €7,000 million sales in coffee for the merger of US-based Peet’s Coffee & Tea with Dutch-based Jacobs Douwe Egberts to form JDE Peet’s

• $4,000 million for UK-based Froneri to buy Swiss-based Nestlé’s ice cream business

• $1,100 million in water coolers for Culligan to purchase AquaVenture in the United States

• €690 million in meat for Spain’s Casa Tarradellas to buy 60% of Herta in Germany from Nestlé.

Of the 47 total, 11 were in alcohol, 6 in soft drinks, 5 in ingredients, 3 in dairy and 3 in snacks.

11 were funding rounds and 5 were plant-based.

24 were in individual countries, 17 of these in the United States and 3 in the United Kingdom. 23 were international, stretching across 22 countries.

Overall, the United States featured in 27, the United Kingdom in 10, India in 4, France in 3 and Switzerland in 3.

Related news
Adobe Stock 293393644
5th May 2022 Mergers & Acquisitions
63 acquisitions in April
Alcohol 3
11th April 2022 Mergers & Acquisitions
69 acquisitions in March
Comments(0)
    Leave a comment
    • Terms and conditions
    • Privacy policy
    • Cookies
    • Terms of use
    • Standards and policies
    Address
    Zenith Global Ltd
    7 Kingsmead Square
    Bath
    BA1 2AB
    United Kingdom
    Phone +44 (0)1225 327900
    Email info@zenithglobal.com
    • Zenith on twitter
    • Zenith on linkedin
    Copyright Zenith Global Ltd 2023 Registered in England no. 2596583