© James Petts/Flickr
2016 ended with the usual flurry of transactions. 57 food and drink deals were recorded on the bevblog.net mergers and acquisitions database in December.
Less common was the number of larger purchases, with seven over $500 million, including five in excess of $1 billion:
14 of the 57 total were in alcohol, eight in soft drinks, seven in services, five in ingredients and four in dairy.
32 were international, 25 within national borders.
The United States featured in 23, the United Kingdom 12, France nine, Switzerland seven, Spain five, Belgium and Japan four, and three each for Brazil, Canada, Italy and the Netherlands
© FoodBev Media Ltd 2024