M&A and investment activity in the UK food & drinks sector has seen a decline in the first half of 2018 compared with the same period in 2017, according to data from Alantra.
The first six months of the year saw 27 deals, compared to 41 during the same period last year.
Packaged food and meats have seen the largest fall with 17 deals completed in the first half of 2018 compared with 27 in the first half of 2017.
The fall follows a high in 2017 due to strong financial liquidity and a large number of food and beverage assets coming to market ahead of Brexit.
However, there is still good momentum in the sector and there have been a number of significant deals completed in the first half of the year.
Simon Peacock and Charles Lanceley, Directors in the UK advisory business of Alantra and advisers to the food & drink sector, have identified the following significant food & drink deals and market drivers that have positively impacted M&A activity in the industry during the first half of 2018.