Out of a record 777 food and drink transactions covered by the bevblog.net mergers and acquisitions database for 2018, 28 involved sums over USD 1,000 million. This was below the 33 recorded in 2017, but higher than the numbers for 2015 and 2016.

The USD 104 billion combined value of the top 10 was 36 % higher than the USD 77 billion for the top 10 of 2017, but 39 % lower than the USD 171 billion for the top 10 of 2016 and little more than a quarter of the USD 365 billion for the top 10 of 2015.

The 28 over USD 1 billion totalled USD 141 billion, compared with USD 115 billion for the 33 over USD 1 billion in 2017, USD 190 billion for the 22 over USD 1 billion in 2016 and USD 403 billion for the 27 over USD 1 billion in 2015.

Link to database

Frutarom, Anheuser-Busch InBev, Heineken, Orkla and Unilever were the most acquisitive companies of 2017, according to the bevblog.net food and drink transactions database, with each responsible for 6 or more takeovers. Lactalis, Nestlé and US Foods all made 5 purchases.

Coca-Cola was only company to agree 5 or more sales, followed by Treasury Wine Estates on 4, then Asahi, Coke Consolidated, Kraft Heinz, Murray Goulburn, Nestlé and Unilever on 3 each. Coca-Cola undertook 14 separate divestments as it concluded its franchise restructuring.

A total of 1,161 companies were involved across 64 countries, with the United States and United Kingdom most prominent overall.

France was the biggest net buyer (+19), followed by Belgium (+16), Switzerland (+15) and Israel (+11).

The United Sates was the main net seller (-42), followed by the United Kingdom (-22), Australia (-10) and Brazil (-10).

Link to database