Boom In Food M&A Deals Just Getting Started As Kraft Looms
The US food industry has announced $42 billion in deals this year, but it could just be a taste of the next wave of consolidation coming in 2018.
Companies from Kraft Heinz to Conagra are seen as possible suitors next year as food giants struggle to generate growth. They face an array of challenges: shifting eating tastes, a resurgent Walmart playing tough with suppliers and Amazon’s expansion into the grocery business.
The latest round of deal speculation was sparked by two food-industry acquisitions announced Monday.
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