Food & Beverage Update: First Quarter 2012Deloitte Corporate Finance LLC |
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This quarter’s Food & Beverage Update, produced by Deloitte Corporate Finance LLC (DCF), summarizes the most recent transactions within this industry along with information on the most active buyers, current transaction valuation multiples and an overview of the public market’s perception of the industry.
Highlights include:
- Announced transactions decreased 7.7% for LTM Q1 2012 compared to that of LTM 2011.
- Trading multiples across various F&B industry sectors (food packagers, ingredients, beverages, and retail) decreased 3.0% on average during Q1 2012, compared to Q4 2011, driven largely by a 17.7% decrease in ingredients industry multiples.
- The F&B industry performed modestly weaker than the broader market average returns during Q1 2012, as the F&B Index rose 3.9% compared to an 8.9% rise for the Dow Jones Industrial Average.
- Continued improvement in economic fundamentals and anticipated growth in on-trend niches and private label is expected to serve as a strong foundation to drive growth and M&A activity in the F&B industry through the remainder of 2012.
To read more, download the Food & Beverage Update.
Food & Beverage update: Q1 2012
