Food & Beverage Update: Third Quarter 2011
Deloitte Corporate Finance LLC
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.
- Announced transaction volume decreased 5.5% for LTM Q3 2011 compared to the same period in 2010.
- Trading multiples across various F&B industry sectors (food packagers, ingredients, beverages, and retail) decreased 8.6% on average during Q3 2011, compared to Q2 2011, driven largely by a 14.3% decrease in ingredients industry multiples.
- The F&B industry fared better than the broader market during a volatile Q3 2011 as the F&B Index dropped 12.9% compared to a 20.4% decline for the Dow Jones Industrial Average.
Download the Food & Beverage Update below.