Update: Food and Beverage M&A Update – July, 2024

July, 2024

For Q1 2024, the median transaction value in Food and Beverage was $31 million. For Q1 2024, strategic buyers accounted for 88% of transactions.

Select recent notable publicly announced M&A transactions:

–Sambazon closed its acquisition of SunOpta (Açaí and Smoothie Bowl Business) for $6 million in March 2024.

–PTF Holdings closed its acquisition of Progressive Produce Corporation for $120 million in February 2024.

–White River Soy Processing closed its acquisition of Benson Hill Ingredients for $72 million in February 2024.

–Easy Bio closed its acquisition of Devenish Nutrition for $66 million in February 2024.

–Our Home announced its acquisition of Utz Quality Foods (Certain assets and brands) for $183 million in January 2024.

    Download Report