Kroll：2023年春季食品和饮料行业并购洞察报告（英文版）（17页）.pdf

1、Spring 2023Industry InsightsFood&Beverage2290 food and beverage deals announced in TTM March 202377%were completed by privately owned buyers80%were strategic transactionsExecutive SummaryM&A Market OverviewThe food and beverage space saw 62 deals completed in the first quarter of 2023,compared to 73

2、 in the prior quarter.For the trailing twelve months(TTM)ending March 31,2023,290 deals were announced in the space,73 fewer transactions compared to the prior year.Overall,deal activity decreased year over year and quarter over quarter by 20%and 15%,respectively.Q1 2023 saw several significant Nort

3、h American deals in the alcoholic beverages and protein producer spaces.Notable transactions within these areas include Malteries Soufflets acquisition of United Malt Group and Silver Bay Seafoods acquisition of Orca Bay Foods.Alcoholic beverages,protein producers,general,nonalcoholic beverages and

4、produce categories were the most active in terms of deal volume,representing 71%of total transactions in the quarter.M&A activity in the food and beverage sector in TTM March 2023 remains predominantly driven by strategic buyers(including companies primarily owned by private equity investors),with s

5、trategic transactions representing 80%of total deal volume.Of the 290 deals announced over the year,224(77%)were completed by privately owned buyers.Deal flow in the North American food and beverage space experienced a slowdown in Q1 2023,likely a direct response to rising interest rates,cautious in

6、vestors and general market uncertainties.Rising costs of raw materials and labor remain a priority issue for food&beverage companies.Consumers are beginning to push back on rising prices,indicating further price increases are becoming more difficult to implement.Businesses continue to focus on core