BNET Industries

BNET Food

Industry news and insights by Katherine Glover

Food Industry M&A Activity Doubles

By Ryan Derousseau | September 10th, 2008 @ 3:42 pm

M&A volume in the food industry has doubled in the past two years, with 2,000 transactions in 2007, according to research recently released by Grant Thornton Corporate Finance. This consolidation has been especially active in the snack-food industry, with 125 mergers and acquisitions between 2005 and 2007.

Brian Basil, a GTCF director, expects the trend to continue. “M&A activity will play a big role as many of the larger companies look to augment internal product development with strategic acquisitions,” Basil said in an audiocast with Food Processing magazine, “and private equity buyers look for acquisitions of companies with outstanding growth potential.”

Tags: Private Equity, Food, M&A, Industry, Mergers & Acquisitions, Food & Beverage, Investment, Finance, Manufacturing, Ryan Derousseau

 

BNET TalkbackShare your ideas and expertise on this topic

The following tags are supported in BNET comments:
<b></b> <i></i> <u></u> <pre></pre>

Leave a Reply

  1. You are currently a guest | Login?
  2.  
advertisement
Go
advertisement
  • Click Here
  • Click Here
advertisement
AboutFood Industry

BNET Food provides daily industry news coverage and insights for managers and executives, focusing on the major companies in the food and beverage sector, from manufacturers to retailers. In addition to detailed company profiles, we bring you critical analysis on new alliances and partnerships, new products, mergers and acquisitions, labor and cost management, investments and deal flow, and a host of other important business issues.