Interest rates just came down! And, as signaled by the recent mega Mars-Kellanova deal, major food makers are poised to accelerate M&A in 2024. An abundance of “dry powder,” strong corporate balance sheets and the anticyclical nature of food and beverage products position the sector for strong M&A activity.
Does this mark a significant change from the food and beverage sector focus on so-called “bolt-on” transactions? Have we finally turned the corner on a market in 2023 that had its share of headwinds, driven by rising capital costs, and an abundance of caution in due diligence?
Join the conversation along with CFBN and a panel of experts on October 9th on what lies ahead in the food & beverage M&A market for the balance of 2024 and into next year. See who’s bearish, who’s bullish, and who’s going to make waves in the next year.