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Dealmaking Trend: Beverages and Beer

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July 12, 2012

Instead of a deal of the week, this week, we did a quick round-up of beverage deals after reading Pitchbook’s analyst newsletter, which listed the top dealmakers in the beverage industry. It is perhaps not that surprising that interest in beverage sector is high given the consolidation trend amongst the world’s largest foods and drinks companies, particularly the beer brewing industry.

 

For example, this week Anheuser-Busch InBev acquired the 50 percent of Grupo Modelo (which brews the Corona brand) which it did not already own for USD 20.1 billion in cash, according to BW. Mergermarket says that a PE backed Korean brewery may seek overseas buyers, while Bloomberg recently published a report about M&A plans by EFES, and last but not least, one of the largest exit transactions from a PE point of view was one done by CVC.

 

Three weeks ago Molson Coors reportedly closed the acquisition of Eastern European StarBev, for EUR 2.65 billion. The seller was CVC which acquired the former Anheuser Busch InBev unit for EUR 1.5 billion back in 2009.

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