47 acquisitions in January
2017 doesn’t seem very different to other years so far in terms of food and drink transactions recorded on the bevblog.net database. 47 were reported in January, with 2 over $1 billion:
• $2,280 million in packaging for WestRock to buy Multi Packaging Solutions in the United States
• $1,067 million in dairy for Mengniu to gain control of China Modern Dairy.
Of the 47 total, 8 were in alcohol, 7 in dairy, 7 in nutrition, 7 in packaging and 3 each in bakery, snacks and ingredients.
26 were within individual countries and 21 between different countries. The United States featured in 21, the United Kingdom in 11, Switzerland in 5, India in 3 and Spain in 3.