56 acquisitions in May
As many as 56 food and drink industry transactions were registered on the bevblog.net mergers and acquisitions database for May 2016.
Just two were valued at more than $500 million.
• $1,350 million for the Dutch JAB Holdings to buy Krispy Kreme doughnuts in the United States
• £400 million for the UK based CVC to purchase AR Packaging in Sweden.
Both acquirers are private equity investors.
Of the 56 total, 13 were in alcohol, 13 in dairy, 8 in soft drinks, 4 in ingredients, 4 in snacks and 3 in bakery.
The United States featured in 26, the United Kingdom in 12, Germany in 10, Russia in 5, Switzerland in 5, France in 3, Mexico in 3 and Netherlands in 3.