Food & Beverage Update : Fourth 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
In the last quarter of 2011, M&A activity was slightly lower compared to the 2 previous quarters. The number of announced M&A transactions in Europe amounted to 1,159 (all industries), which represents a decline of 8% compared to the 1,253 announced transactions during the last quarter of 2010. However, the total transaction volume of 2011 was still 6% higher than the total announced transaction volume of 2010.
Also M&A activity in the Food and Beverage industry slowed down in Q4’11: with 72 announced transactions, the fourth quarter of 2011 is the weakest quarter of the year in terms of deal volume. Nevertheless, the overall level of activity in 2011 increased by 16% compared to the level of announced transactions in 2010 and by 66% compared to the announced transactions in 2009. In 19 of the total 2011 European transactions, a Belgian company (either seller or buyer) was involved, a 73% increase compared to 2010 at only 11 deals.
Download the Food & Beverage Update below.
Food and Beverage Update - Fourth Quarter 2011