614 food and drink acquisitions in 2016
2016 was another record year for food and drink industry transactions, with 614 registered in the bevblog.net mergers and acquisitions database, an average of almost 12 each week.
2016 was another record year for food and drink industry transactions, with 614 registered in the bevblog.net mergers and acquisitions database, an average of almost 12 each week.
The total is 18 more than in 2015 and 32 % higher than five years ago. The number has increased each year apart from a dip in 2013.
The most active sectors were soft drinks on 74, packaging on 64, dairy on 58 and ingredients on 51. Wine on 49 was ahead of spirits on 41 and beer on 37.
Soft drinks deals increased by 60 % (+ 28), with spirits up 46 % (+ 13) and dairy up 41 % (+ 17), while beer activity dropped by 34 % (- 19). Bakery and snacks takeovers more than doubled.