Food industry deals total $8.7bn globally in August 2021

Total food industry deals worth $8.7bn were announced globally for August 2021, with the $4.53bn acquisition of Sanderson Farms being the sector’s biggest investment, according to GlobalData’s deals database.

The value marked an increase of 267.2% over the previous month of $2.38bn and a rise of 256.7% when compared with the last 12-month average of $2.45bn.

In terms of number of deals, the sector saw a rise of 2.50% with 82 deals in August 2021 when compared to the last 12-month average of 80 deals.

In value terms, North America led the activity with deals worth $8.05bn in August 2021.

food industry deals in August 2021: Top deals

The top five deals accounted for 95.9% of the overall value during August 2021.

The combined value of the top five deals stood at $8.38bn, against the overall value of $8.7bn recorded for the month.

The top five food industry deals of August 2021 tracked by GlobalData were:

1) Cargill and Continental Grain $4.53bn acquisition deal with Sanderson Farms

2) The $3.3bn private equity of PepsiCo by PAI Partners

3) JBS $402m acquisition deal with Huon Aquaculture Group

4) The $77m acquisition of Pastificio Santa Amalia by Camil Food

5) Newlat Food $73.71m acquisition deal with SYMINGTONS