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.
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