Canadian Packaging

Global food industry deals total $2.88 billion in February 2020


April 4, 2020
by GlobalData

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

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

In terms of number of deals, the sector saw a drop of 3% 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 $1.75bn.

Food industry deals in February 2020: Top deals

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

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

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

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

About GlobalData

4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis, and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, technology, energy, financial and professional services sectors.






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