• What we do
    • Acquisition
    • Divestment
    • Strategy
  • Why Oghma
  • Deals
  • Team
Menu

M&A – the prospects for 2011 from Just Food

Posted on December 24, 2010 by oghma

By: Dean Best, 21 December 2010

As we progressed through 2010, the amount of M&A activity intensified around the world as business confidence improved, lending conditions became more favourable and the value of deals crept up.

In the UK food and drink sectors, according to M&A advisory firm Oghma Partners, the value of mergers and acquisitions in the four months to the end of August stood at GBP1.08bn (US$1.67bn), against around GBP330m in the corresponding period a year earlier.

The data showed that the number of deals in the first eight months of 2010 was lower than in the same period of 2009 but Oghma Partners said there had been a “marked increase” in the average size of transactions. Aside from Kraft Foods’ takeover of Cadbury, the M&A consultancy pointed to deals including the sale of Tate & Lyle’s European sugar assets and Thai Union Products’ acquisition of canned seafood business John West as signs of “renewed confidence in M&A markets”.

With a few days of 2010 to run, Oghma Partners’ Mark Lynch says the advisory firm has yet to collect all the data for the last four months of the year and the year as a whole. However, he suggests the “punchy deal” between Ireland’s Greencore and UK food group Northern Foods indicates this trend towards bigger deals has continued in the latter part of the year.

For the full article, please visit www.just-food.com.

Categories2010 News, Latest News

Post navigation

Previous PostPrevious Oghma Advises Springthyme Oils on its Sale to Kerry
Next PostNext Overseas Buyers Account for almost half of all Food & Beverage Transactions in 2010

Recent Posts

  • Oghma advises C.T. Holmes on sale to Brasmar Group
  • UK Food & Beverage M&A – Still A Number of Headwinds Impacting M&A Activity Into 2023
  • Fragmented Market provides opportunities in European Food Ingredients M&A
  • UK Food & Beverage M&A – Deal Volume Continues To Decline
  • Venture Activity in Food & Drink – Early stage investment in the UK Food & Drink Industry 2012-22

Recent Comments

No comments to show.

Oghma Partners LLP

49 Grosvenor Street
Mayfair
London
W1K 3HP

+44 (0) 20 8049 2200
info@oghmapartners.com
2023 Oghma Partners LLP. All rights reserved
Terms of Use Privacy Policy Cookie Policy

    Contact Michael Booth

    • What we do
      • Acquisition
      • Divestment
      • Strategy
    • Why Oghma
    • Deals
    • Team
    • News
    • M&A Review
    • Contact us
    +44 (0) 20 8049 2200 info@oghmapartners.com
    • Oghma auf Deutsch
    • Oghma en español
    • Oghma en français