Data: Global Food Industry Deals Total $2.9B in February

That marked an increase of more than 200 percent over January.


Total food industry deals for February 2020 worth $2.88 billion were announced globally, according to GlobalData’s deals database.

The value marked an increase of 218.6 percent over the previous month and a rise of 2.4 percent when compared with the last 12-month average of $2.82 billion.

In terms of number of deals, the sector saw a drop of 3 percent over the last 12-month average with 65 deals against the average of 67 deals.

In value terms, North America led the activity with deals worth $1.75 billion.

Food industry deals in February 2020: Top deals

The top five food deals accounted for 94.1 percent of the overall value during February 2020.

The combined value of the top five food deals stood at $2.71 billion, against the overall value of $2.88 billion recorded for the month.

The top five food industry deals of February 2020 tracked by GlobalData were:

  • Mondelez International’s $1.2 billion acquisition of Give And Go Prepared Foods
  • The $825.86 million acquisition of Glycom by Royal DSM
  • Dairy Farmers of America’s $425 million asset transaction with Dean Foods
  • The $227.25 million acquisition of Ajinomoto(Thailand) Ltd by AjinomotoInc
  • SATS’s acquisition of Monty’s Bakehouse UK for $34.72 million.
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