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 March 25, 2021, General Mills, Inc. announced it has entered into a definitive agreement to sell its 51% controlling interest in Yoplait S.A.S. to French cooperative Sodiaal in exchange for full ownership of the Canadian Yoplait business and a reduced royalty rate for use of the Yoplait and Liberté brands in the US and Canada.
  • On February 22, 2021, The Kraft Heinz Company entered into a definitive agreement to sell its nuts business to Hormel Foods Corp. in a cash transaction for $3.35 billion. The deal includes most products sold under the Planters brand, including single variety and mixed nuts, trail mix, cheese curls, in addition to the global intellectual property rights to the Planters and Corn Nuts brands.

Past Industry Updates

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