Opinion from global food and drink experts, Zenith Global

40 of them came in June, the most active month of the year so far.  Generally, these were more diverse and smaller than in previous months, with the exception of Reynolds’ $4.5 billion acquisition of Graham Packaging.

11 were in alcohol, 8 in soft drinks, 4 in dairy, 4 in packaging and 3 in ingredients.

The United States dominated, with 11 all US deals, 8 international purchases and 3 sales abroad.  The United Kingdom followed with involvement in 8 transactions.  Next came France on 3, with 24 other countries playing a role in 1 or 2.

Click the button on the right for full database details.

But they included two enormous transactions.  Mexican soft drinks bottlers Arca and Contal merged to form a company worth $7 billion and DuPont from the United States completed its $6.4 billion purchase of Denmark’s Danisco ingredients business.  Also of significance were General Mills gaining 51% of Yoplait yogurt and PepsiCo buying the final 13.5% of Russia’s Wimm-Bill-Dann.

5 of the 22 were in food, 4 in alcohol, 4 in dairy, 4 in soft drinks and 3 in ingredients.

As almost always, the United States was the most active on 9, followed by the United Kingdom on 5.  Denmark was the biggest seller on 4.  Just 16 countries were involved in May’s dealings.

Rather less than previous months this year, but almost one a day.

14, exactly half, involved the United States, 10 being entirely US based.  France was the next most active country on 5, then China on 3.  The overall spread stretched across 15 countries.

Alcohol led the way in April, with 10 transactions.  Second was packaging on 5.  Dairy was third on 4, followed by soft drinks and ingredients on 3 each.

There were two big deals – Silgan’s US takeover of Graham Packaging for $4.1 billion and Diamond Foods’ purchase of the Pringles brand for $2.35 billion.

The full list is available in a searchable database by clicking here.

Of which 39 were in March, featuring 10 in alcohol, 10 in soft drinks, 7 in services, 6 in dairy and 6 elsewhere.

The March tally included a broader cross section of countries than normal, with 2 in Austria, 2 in Ethiopia, 2 in Israel and 3 in Canada.  The biggest contributors were the United States on 14, France and Italy on 6 each, then the Netherlands and the United Kingdom on 4 each.

The biggest of the month was General Mills’ purchase of a 50% stake in Yoplait yogurt from PAI Partners for €800 million.

For further detail in bevblog’s new searchable database, just click here.

And 81 have been recorded so far this year in the new searchable online acquisitions database at madb.zenithinternational.com.

February’s biggest was Diageo’s spirits purchase of Mey Içki in Turkey for £1.3 billion.

Alcohol accounted for 13 of the February total, soft drinks 8, dairy 7, food 5 and packaging 3.

28 countries were affected, with the United States involved in 11, France and Japan in 4, China, South Africa and the United Kingdom in 3.  17 were single country transactions and 19 across borders.

Now that bevblog is covering more than one food or drink acquisition every day, we’ve created a new searchable database that goes live today.  Just click here to find it.

I’ll carry on providing monthly summaries, but the database will be continuously updated, so you can check it at any time.

I recorded 36 deals in January including two over $1 billion – Danisco going for $6.3 billion and Smurfit-Stone for $3.5 billion.

10 were alcohol, 7 in ingredients, 7 in soft drinks, 5 in general food and 4 in dairy.

14 were within individual countries and 22 across borders.  11 involved the United States, mainly as a purchaser; 7 touched on the United Kingdom, weighted more as a seller; 5 affected China and 4 impacted on Germany.

The database already notes 26 more purchases in February.  Do let me know if I’ve missed anything important.

It was a massive year end for mergers and acquisitions in food and drink, with 50 transactions recorded for December so far and at least three in excess of $1 billion.

The biggest was PepsiCo’s bid for 66% of Russia’s Wimm-Bill-Dann at $3.8 billion, followed by Ardagh’s packaging purchase of Impress for €1.7 billion and DSM’s ingredients deal with Martek for $1.1 billion.There were also three notable dairy mergers with Arla gunning for Hansa in Germany, Sodiaal swallowing Entremont in France and two Brazilian dairies combining to form Lacteos Brasil with $1.8billion sales.

12 of the 50 were in dairy, 8 in food, 8 in soft drinks, 7 in alcohol, 6 in ingredients and 6 more in packaging.

30 were single country transactions, 20 crossing national borders. 20 involved the United States, followed by the UK on 5, Brazil and Australia on 4, then Canada, France and Ireland on 3.

Sep Packaging FEMSA from Mexico sells flexible packaging operations  
Oct Bottled water Italy’s Norda buys Monticchio Gaudianello  
Nov Soft drinks Coca-Cola from US buys Mundet brand from FEMSA in Mexico  
  Dairy US General Mills to buy Mountain High yogurt brand from Dean Foods  
  Biscuits Tiger Brands from South Africa buys Deli Foods Nigeria  
  Food Tiger Brands from South Africa to buy 49% of new UAC Foods from UAC of Nigeria  
Dec Soft drinks Canada’s Blue Gold Beverages to buy TY Recycling $0.6m
  Dairy PepsiCo from US to buy 66% of Wimm-Bill-Dann in Russia $3.8bn
  Soft drinks Alothon and Partners Group private equity firms complete purchase of Casadoce from Grupo Cerradinho in Brazil R$100m
  Wine France’s Jacquart to buy Montaudon Champagne from LVMH  
  Alcohol South Africa’s Pioneer Food Group to buy KWV $119m
  Beer Royal Unibrew from Denmark to take 20% stake in Van Pur of Poland after incorporating its Polish operations  
  Dairy Switzerland’s Emmi to buy Le Petit Chevrier from Fromagerie Bettex CHF2.1m
  Food Indonesia’s Tudung to sell 30% of Garuda Food $300m
  Wine US Fiji Water buys Justin Vineyards  
  Dairy Bulgaria’s Bella to buy Ipex Group  
  Dairy Bulgaria’s Bella to buy Akurat Mlechna Promishlenost  
  Beer China’s Tsingtao to buy Shandong Xin $281m
  Coffee Zanetti from Italy buys Espresso Italia in Australia  
  Packaging Ardagh Glass completes purchase of Impress metal group in Europe €1.7bn
  Soft drinks US PepsiCo and Catterton private equity firm increase stake to majority of ONE coconut water  
  Wine India’s Tilaknagar buys Kesarval Springs  
  Food Greencore from Ireland buys On a Roll in US  
  Packaging Ball Corporation from US to buy Aerocan in Europe from Barclays Private Equity of UK €221m
  Soft drinks Suntory from Japan buys European operations of Sunny Delight based in US  
  Soft drinks US Sunny Delight to buy Texas plant from J M Smucker  
  Food US Roark private equity firm buys Atkins Nutritionals  
  Bottled water Ireland’s Ishka to buy Burren Spring, formerly Shannon Minerals, from Frank O’Mara family  
  Dairy Spain’s Esteve Carvaller buys 5% of Cacaolat from Nueva Rumasa €9m
  Food Germany’s Dermapharm buys Anton Hübner from Nordzucker  
  Food Nestlé from Switzerland to buy Jenny Craig operations in Australia and New Zealand  
  Food UK GlaxoSmithKline to buy Maxinutrition from Darwin Private Equity £162m
  Food US General Mills to buy Pasta Master  
  Packaging US Berlin buys Continental Packaging Solutions  
  Packaging Owens-Illinois from US to buy Hebei Rixin Glass Group in China  
  Soft drinks Coca-Cola Hellenic from Greece to buy remaining 33.6% of Nigerian Bottling Company €94m
  Dairy Yoplait from France buys Liberté in Canada from Swander private equity firm C$175m sales
  Ingredients Cargill from US to buy 85% of Sorini sorbitol producer in Indonesia $300m
  Packaging RPC from UK to buy Superfos of Denmark €240m
  Sugar Noble from Singapore to buy two Cerradinko cane mills in Brazil $590m
  Dairy Arla from Scandinavia to buy Hansa-Milch of Germany  
  Dairy France’s Sodiaal to buy Entremont  
  Dairy Ireland’s Glanbia to buy Dawn Dairies from Kerry €10m est
  Supplements US Omega Protein buys Cyvex Nutrition  
  Water Pentair from US to buy Hidro Filtros in Brazil  
  Food US High Road private equity firm affiliate buys Panos Brands from Wessanen of Netherlands $22m
  Dairy UK Dale Farm to buy Fane Valley liquid milk operations  
  Ingredients DSM from Netherlands to buy Martek Bio Sciences of US $1.09bn
  Flavours US Pinova buys LyondellBasell Flavors & Fragrances $150m
  Ingredients Wilmar from New Zealand completes purchase of Sucrogen in Australia  
  Packaging US Sterling private equity firm completes purchase of substantial equity interest in Saxco International  
  Dairy Brazil’s Bom Gosto and LeitBom to merge as Lacteos Brasil $1.8bn
  Ingredients Agropur from Canada buys Main Street Ingredients of US  
  Soft drinks Japan’s Asahi to buy Rokujo Mugicha tea brand from Kagome  
  Wine Champ private equity firm from Australia to buy 80% of Australia, South Africa and UK business from Constellation of US $230m
  Dairy Arla from Scandinavia to buy Sundsvall plant from Milko of Sweden  

November was a highly energetic month for transactions, with 8 in a single day and 40 overall, the largest by far being a private equity deal over Del Monte Foods for more than $5 billion.

9 were in alcohol, 8 each in dairy and general food, 5 in water coolers, 3 each in ingredients and packaging, and finally 2 each in coffee and soft drinks.

There was a wide spread across 28 countries, led by the US featuring in 10, the UK in 5, Australia, Germany and Russia in 4 each, France, Ireland, Israel and Switzerland in 3 each.

December has kicked off to a high scoring start, with PepsiCo settling for a 66% stake in Russia’s Wimm-Bill-Dann only yesterday.

Sep Bottled
Yanlong Shanghai from China buys Dew South of Australia
Nov Dairy US Dairy Farmers of America buys Castro Cheese
UK PHS buys Premier Water Coolers
Spirits Belvedere from France sells assets of Florida Distillers $48m
Dairy Sri Lanka’s Cargills buys 73% of Kotmale
Soft drinks US Coca-Cola Consolidated to buy majority interest in Fast Forward Energy
Ingredients Belgium’s Azelis buys YDS Chemicals
US DS Waters buys Echota Beverage Group
Water coolers US DS Waters buys Mount Olympus Waters
Food Grupo Bimbo from Mexico to buy North American bakery business from Sara Lee of US $959m
Dairy Australia’s Bega Cheese to buy 15% stake in Warrnambool Cheese and Butter A$22m
Ingredients Kerry from Ireland buys Key Essentials of US from Agilex
Beer Carlsberg from Denmark increases stake from 50% to 90% in Gorkha of Nepal from Khetan
Dairy Emmi from Switzerland to buy Onken yogurt brand distribution rights from Dr Oetker of Germany CHF 75m
Spirits Russian Standard Vodka buys Buinsky distillery from Tatspirtprom $20m
Food Ireland’s Greencore to merge with Northern Foods of UK and create new company Essenta Foods £1.7bn
Packaging Brambles from Australia to buy IFCO Systems of Netherlands €923m
Soft drinks R J Corp from India to buy PepsiCo bottling operations in Bhutan
Wine Spain’s Baron de Ley buys Carbonere-Bergasa estate €923m
Alcohol J F Hillebrand from Germany buys Lagena Distribution in Sweden from Systembolaget of Sweden
Packaging Owens-Illinois from US to buy Verrerie du Languedoc glass factory in France
Beer Rwanda’s Government to sell 30% stake in Bralirwa
Dairy China’s Mengniu to buy 51% of Junlebao yogurt producer $75m
Food Kerry from Ireland to buy frozen bakery business in Australia from General Mills of US
Food Slovenia’s Atlantic Grupa completes purchase of Droga Kolinska from Istrabenz €243m
Beer SABMiller from UK buys Cerveceria Argentina from Warsteiner of Germany
Biscuits Tiger Brands from South Africa buys Deli Foods Nigeria
Dairy Danone from France to buy YoCream International frozen yogurt producer in US $103m
Dairy Russia’s Wimm-Bill-Dann buys Moloko Isilkulya
Food Tiger Brands from South Africa to buy 49% of UAC food and beverage interests in Nigeria
Ingredients UK Tate & Lyle to buy molasses business of W&R Barnett £67m
Water coolers Eden Springs from Israel buys French water cooler operations from Nestlé of Switzerland €9.5m
Nestlé from Switzerland buys German water cooler operations from Eden Springs of Israel €9.6m
Food US Kohlberg Kravis Roberts and other private equity firms to buy Del Monte Foods $5.3bn
Coffee Strauss from Israel buys LeCafe brand and 51% of Le Cafe Group in Russia $43m
Beer Damm from Spain buys minority stake in United States Beverage distributor
Ice cream Nestlé from Switzerland buys remaining 11% stake in LB Bulgaricum of Bulgaria from Bulgaria’s Government
Alcohol Central European Distribution Corporation from Poland to buy final 20% of Whitehall Group in Russia plus other brand rights $91.5m
Coffee Sara Lee from US buys Cafe Damasco of Brazil $60m
Packaging Petainer from UK buys Rostiprimpac PET manufacturer of Sweden from Møller Maersk
Food Malaysia’s Asian Citrus completes purchase of BPG Food & Beverage