Industry Update: CPG Food & Beverage

VRC is proud to release its latest Industry Report. The report provides a concise, insightful update on the Consumer Product Goods – Food & Beverage industry including recent transactions, market multiples, company performance and purchase price allocation percentages.

Industry Highlights

  • On July 6, 2021, General Mills announced that it completed the acquisition of Tyson Foods’ pet treats business for $1.2 billion in cash. The business, which includes the Nudges, Top Chews, and True Chews brands, is the leader in natural meat treats for pets. Tyson Foods’ pet treats portfolio generated more than $240 million in net sales in the 12 months ended April 3, 2021. As part of the acquisition, General Mills also acquired a manufacturing facility in Independence, Iowa.
  • On June 1, 2021, Post Holdings, Inc., a consumer packaged goods holding company, announced that it has acquired the ready-to-eat cereal business
    of TreeHouse Foods for $85 million. The acquisition includes two facilities
    which feature a wide range of production capabilities across batch and
    extruded products, a research and development facility as well as inventory
    valued at approximately $30 million.

Past Industry Updates

CPG - Food & Beverage

+ Read the May 2021 update

CPG - Food & Beverage

+ Read the January 2021 update

CPG - Food & Beverage

+ Read the October 2020 update

CPG - Food & Beverage

+ Read the July 2020 update

CPG - Food & Beverage

+ Read the May 2020 update

CPG - Food & Beverage

+ Read the December 2019 update

CPG - Food & Beverage

+ Read the October 2019 update

CPG - Food & Beverage

+ Read the March 2019 update

CPG - Food & Beverage

+ Read the July 2017 update

More Industry Reports