A new report, Off to New Peaks in Uncertain Times, from A.T. Kearney, a global strategy and management consulting firm, says the food and beverage industry should expect to see more record M&As driven by global growth, consolidation and private equity.
Coming off of 2016, where there were 58 huge deals valued at more than $1 billion, the findings say there will likely be more of the same regarding M&As this year, due partly to counteract the sluggish organic growth the CPG market is experiencing.