ChemChina agreed to acquire KraussMaffei from Onex Corporation for €925m.
2016 started energetically in terms of food and drink transactions, with 52 recorded on the bevblog.net mergers and acquisitions database for January.
Three exceeded $500m in value:
Of the 52 total, eleven were in packaging, ten in alcohol, seven in soft drinks, six in dairy and six in ingredients.
22 involved the United States, followed by the United Kingdom on nine, China on six, then Denmark and France on five.
Unusually Finland, Ireland and Israel featured in three each, alongside Germany.
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