Food & Beverage Update : Second Quarter 2012
Deloitte 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 in all industries during the second quarter of 2012 was high. The number of announced M&A transactions amounted to 1.146 which is a 3% increase compared to the first quarter of 2012 (being 1.109). This result also represents a 11% decrease compared to the peak of 1.282 transactions announced during the second quarter of 2011.
46 transactions were announced in all industries in Belgium. This is 8% lower than the 50 announced transactions during the previous quarter. Year on year, this result is slightly higher than the announced transaction volume of Q2’11 (being 44).
As far as F&B M&A activity is concerned, 88 transactions were announced in Q2’12 in Europe. Considering the last four quarters, this is a peak in quarterly deal volume and a 19% increase compared to the announced transaction volume during Q1’12 (being 74). Compared to the second quarter of 2011, this is a 5% increase in deal volume.
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