Richard Hall, chairman of Zenith International.
September was a record month for food and drink sector transactions, with 62 listed on the BevBlog database, including 19 in the first four days alone. Eight involved sums over $500m and three of these more than $1,000:
Among the 62 total, 11 were in soft drinks, nine in dairy, eight in alcohol, six in packaging, four in ingredients and four in nutrition. 30 were international and 32 within national borders, 24 of these solely in the US. 28 countries featured overall, with 36 involving the US, six the UK, five Japan, four Brazil and four Ireland.
It should also be noted that August’s largest prospective deal relating to Treasury Wine Estates of Australia will not now proceed.
Richard Hall is chairman of Zenith International. This is a personal blog and views expressed are his own.
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