Food Processing - August 2008 - (Page 26)

A busy yeAr for buying mergers and acquisitions in the broad food industry increased 5.4 percent in 2007 to their highest level in five years, but activity among true food processors dipped to 94, the same level as 2005 and down from 110 in 2006. in the Food institute’s annual mergers and acquisitions report, food processors remained the most active category, although just barely outpacing the interest by investment firms and banks. in 2007, the institute’s broad “food industry,” which includes restaurants, retail stores and even suppliers, saw 413 transactions completed during the year and an additional 60 agreed upon but not closed by the end of the year. that’s the highest number since the 487 deals closed in 2001. the Food institute, elmwood Park, n.J., annually tracks merger and acquisition activity in 27 categories. most are detailed in the table at right, although we have deleted those that are not directly related to food manufacturing (packaging & equipment suppliers, restaurants & foodservice, etc.). the Food institute report also noted the trend of larger conglomerates purchasing smaller, health-focused companies and brands – namely, coca-cola co.’s purchase of glacéau and Fuze, Pepsico’s purchase of naked Juice and Kellogg’s purchase of Bear naked granola. A longer report on acquisitions is on our web site. And the 266-page report “Food Business Mergers & Acquisitions” can be previewed and bought from the Food Institute at www.foodinstitute.com/manda.cfm. MERGERS & ACQUISITIONS Agri. Cooperatives Diversified firms Food Processors Bakers Brewers/distillers/wineries confectioners dairy Fruit & vegetable meat multi-product Poultry seafood snack food other processors Investment firms & banks Restaurants & foodservice Retailers Soft drinks/water/juice TOTAL source: the Food institute 2007 closed 0 1 94 3 6 5 11 7 2 32 2 2 9 11 89 62 79 4 413 2006 closed 5 0 110 6 1 3 5 7 13 43 0 8 2 15 74 51 69 3 392 PUSH START. SAVE MONEY! Barrels. Buckets. Belts. Scale Parts. Bins. Totes. Any washer, for any need. All push-button easy to operate! This means saying goodbye to the time-consuming and costly routine of handwashing – freeing your employees for more productive and profitable tasks. Call 800-331-6870 today for pricing, literature and specifications on a model suited to your particular needs – or visit www.dougmac.com for additional details. 2101 Calumet Street Clearwater, Fl 33765 (727) 461-3477 Fax: (727) 449-0029 Email: info@dougmac.com WEB: www.dougmac.com 26 • Food Processing August 2008 FoodProcessing.com http://www.foodinstitute.com/manda.cfm http://www.dougmac.com http://www.dougmac.com http://www.dougmac.com http://foodprocessing.com

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Food Processing - August 2008 Contents Editor’s Plate NewsBites Special Report Rollout Food Biz Kids The Top 100 Ingredients Show Report Plant Operations MRO Q&A Case History New Supplier Products Toops Scoops

Food Processing - August 2008

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