Food industry M&A deals total $2bn globally in November 2021

Total food industry M&A deals worth $2bn were announced globally in November 2021, led by Kozosushi’s $550m acquisition of Meat Crest, according to GlobalData’s deals database.

The value marked an increase of 122.8% over the previous month of $893.36m and a drop of 2.9% when compared with the last 12-month average, which stood at $2.05bn.

Comparing M&A deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $1.3bn. At the country level, the Japan topped the list in terms of deal value at $550m.

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 November 2021 was the US with nine deals, followed by the UK with four and Spain with three.

In 2021, as of November, food M&A deals worth $22.21bn were announced globally, marking an increase of 18.3% year on year.

food industry M&A deals in November 2021: Top deals

The top five M&A deals accounted for 89.5% of the overall value during November 2021.

The combined value of the top five food M&A deals stood at $1.78bn, against the overall value of $2bn recorded for the month.

The top five food industry M&A deals of November 2021 tracked by GlobalData were:

1) Kozosushi $550m acquisition deal with Meat Crest

2) The $455.13m acquisition of Munchworld Marketing Sdn and Munchy Food Industries Sdn. by Universal Robina

3) Glanbia Co-operative Society $355.79m acquisition deal for 40% stake in Glanbia Ireland

4) The $229.02m acquisition of Bright Food (Group) by Bright Real Estate Group

5) Flour Mills of Nigeria $194.4m acquisition of 71.69% stake in Honeywell Flour Mills