Food & Beverage Update : First Quarter 2011Deloitte Financial Advisory Services |
This quarter’s Food & Beverage Update, produced by Deloitte Financial Advisory Services, summarizes the most recent transactions along with information on the most active buyers, current transaction valuation multiples and an overview of the public market’s perception of the industry.
This quarter’s highlights
M&A activity observed on the European market during the first quarter of 2011 remained high. Number of announced M&A transactions amounted to 1,143 (all industries), which represents a 9% decrease compared to the peak of 1,253 transactions announced during the last quarter of 2010 but still largely above the other quarters realised during the last three years.
As far as F&B M&A activity is concerned, 82 transactions were announced during Q1’11, the highest level since the outbreak of the economic crisis. As such, the level of activity during the last twelve months amounted to 297 transactions, a significant volume growth compared to the years 2008 and 2009, however still below pre-crisis levels. Five of the Q1’11 F&B transactions involved a Belgian company, either as Seller or as Acquirer, bringing the total Belgian F&B volume to 14 transactions during the last 12 months.
Download the Food & Beverage Update below.
Food and Beverage Update - First Quarter 2011