Clicky

The Food Institute Blog

The Food Institute Blog

Food Processor M&A Deals Jump In 2014
Posted on February 19, 2015 by Jennette Zitelli

Food processors are always one of the most active categories in the industry when it comes to mergers and acquisitions, and this year was no exception. With 60 more deals in 2014 than the year prior, manufacturers were responsible for over 30% of the industry’s total deals. This category has experienced a steady increase every year since 2009, but saw the largest jump this year.

One of the largest food processor deals completed in 2014 was Tyson Foods’ acquisition of Hillshire Brands for $8.55 billion. According to the companies, the combination of Tyson Foods and Hillshire Brands creates a single company with more than $40 billion in annual sales.

Over 40% of food processors’ mergers were by multi-product processors, which is the usual trend since it is a large category. Many multi-product manufacturers were involved in numerous transactions such as Bright Food Group, Danone, Post Holdings, Hain Celestial and Where Food Comes From. Two of the largest deals were Yildiz Holding’s purchase of United Biscuits Ltd. for approximately $3.2 billion and Post Holdings Inc.’s acquisition of Michael Foods Inc. for $2.45 billion.

To learn more about food processors’ M&A activity, as well as businesses across all food industry sectors, register for The Food Institute’s webinar, “Who’s Buying Whom and What to Expect in the Future” on March 3. Register here 

 

About the Author

Jennette Rowan
Product Manager
The Food Institute

Jennette writes and edits the Food Institute’s annual publications, such as Food Business Mergers & Acquisitions, The Food Industry Review and The Almanac of the Canning, Freezing, Preserving Industries.  She also handles marketing and promotions for books, seminars and the monthly webinar series. Additionally, she writes for the daily news update, Today in Food, and periodically contributes to the weekly Food Institute Report. She has a background in non-profit and environmental marketing, programming and writing, and joined the Food Institute in 2013 with a degree in Communication Studies from Rowan University.

Comments

You must be a registered member before commenting. Login or join.

There are no comments, yet. Why don't you add one?