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Global Food Industry M&A Deals Totaled $4.59B in December

The value marked an increase of 47 percent over November.

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Total food industry M&A deals in December 2019 worth $4.59bn were announced globally, according to GlobalData’s deals database.

The value marked an increase of 47.3% over the previous month and a rise of 157.04% when compared with the last 12-month average, which stood at $1.79bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $4.32bn. At the country level, the US topped the list in terms of deal value at $4bn.

In terms of volumes, North America emerged as the top region for food industry M&A deals globally, followed by Europe and then Asia-Pacific.

The top country in terms of M&A deals activity in December 2019 was the US with 11 deals, followed by China with four and Germany with two.

In 2019, as of the end of December 2019, food M&A deals worth $23.33bn were announced globally, marking a decrease of 46.4% year on year.

Food industry M&A deals in December 2019: Top deals

The top five food industry M&A deals accounted for 99.05% of the overall value during December 2019.

The combined value of the top five food M&A deals stood at $4.55bn, against the overall value of $4.59bn recorded for the month.

The top five food industry deals of December 2019 tracked by GlobalData were:

  1. Froneri International’s $4bn asset transaction with Nestle
  2. The $320m acquisition of Voortman Cookies by Hostess Brands
  3. ‘s $172.21m asset transaction with Bunge and Seara Alimentos
  4. The $33.27m acquisition of SCHOKINAG-Schokolade-Industrie by Guan Chong
  5. Huan Yunlin’s acquisition of Anyang Herun Oil Technical ServiceLimited for $22.15m.
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