Food & Beverage Update: Second Quarter 2010Deloitte 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
Although still largely below pre-crisis levels, M&A activity in the European (EU) F&B industry remained stable to the relatively high level of M&A activity in Q1'10. Average traded transaction multiples:
- Announced European transactions in Q2'10 remained at the level of Q1'10 (72 disclosed transactions within EU countries);
- The F&B industry outperformed broader market indices during Q2'10 because of decreased risk appetite in the market. While the DJ EuroStoxx 50 lost 11.8% during Q2'10, the F&B index DJ Eur 600 Food & Beverage advanced by 0.6% over the same period.
Download the Food & Beverage Update below.
Food and Beverage Update - Second Quarter 2010