M&A activity in the food and beverage industry declined by approximately 10% compared to Q2.
Food and beverage M&A volume continues to fall behind the pace set a year prior.
- 104 M&A transactions were completed, with 80 of those transactions involving acquisitions made by active strategic players, while the remaining 24 involved a financial buyer.
- Acquisitions of beverage businesses continued to be the most acquisitive segment in the industry in Q3. Beverages, packaged foods, and retail segments accounted for 72% of total deal volume in the quarter.
- Food and beverage public companies have underperformed the market over the past two years, as the S&P 500 is up nearly 158% over that time.
- Q3 2024 had 12 publicly disclosed transactions with 5 of those being below US$50M in value.
Please reach out to the Food and Beverage leads to discuss the latest trends impacting this business segment and the key features driving value in M&A transactions.
Bill Farrell
Managing Director, Toronto
bfarrel@cccinvestmentbanking.
Hugh Notman
Managing Director, Vancouver
hnotman@cccinvestmentbanking.
Food & Beverage Industry Review Q2 2024
