By Neethika Sajith
Steady economic growth and healthy consumer food preferences has maintained 2017 deal volumes in food and beverages compared to 2016. In 2017, 15 transactions were recorded in Q1 and 7 in Q2.
21 mid-sized transactions were recorded in the first half of 2017, compared to 23 in the equivalent period in 2016.
- Product expansion was the main rationale given for 36% of the acquisitions.
- 32% of transactions involved geographic expansion.Geographic expansion was mainly focused within Australia.
- Economies of scale rounded up the top-three with 18%.These acquisitions help businesses achieve scale with both revenue and cost synergies