Food industry M&A deals in December 2019 total $4.59bn globally

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.

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.