59 acquisitions in September
September saw 59 food and drink industry transactions recorded on the bevblog.net database.
5 were over $500 million and 2 of these exceeded $1,000 million:
• $1,100 million in nutrition for Hong Kong’s Biostime to purchase Swisse of Australia
• $1,090 million in ingredients for Japan’s Mitsubishi to buy 20% of Olam International based in Singapore.
Within the 59 total, 9 were in beer, 9 in ingredients, 8 in soft drinks, 7 in equipment and 5 in wine.
32 involved the United States, 11 the United Kingdom, 5 China, 5 Japan, 5 the Netherlands and 4 Belgium. In total, 27 countries were involved.
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