That wasn’t all. Nestlé bought Kraft’s frozen pizza business for $3.7bn, Heineken targeted Femsa in a €3.8bn deal, and Entremont agreed to merge with Sodiaal.
12 of the 36 deals recorded for January and February were in soft drinks, of which 6 were water, 9 were in alcohol (of which, 5 were beer) and 8 were in dairy. More than 25 countries were involved, the most active being the US, France, UK and China.
Source: BevBlog
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