Despite the challenges in the economy, certain sectors of the food and beverage space continue to have success and are even seeing some growth. These players have met the challenges head-on, adjusting their business models to accommodate a new paradigm in the food and beverage arena and meeting consumer demands for less expensive options, healthier choices and expanded bar menus, among others.
Many of these successful businesses are augmenting internal growth with acquisitions, snapping up struggling businesses to expand into new markets and obtain attractive locations. As the credit markets continue to rebound, M&A activity is expected to increase, offering additional opportunities for well-positioned buyers and a potentially attractive alternative for struggling companies.
The Corporate Finance practice of Grant Thornton LLP monitors the key factors affecting the food and beverage industry and focuses on the trends in specific sectors. Their experience with merger and acquisition transactions spans several hundred food and beverage industry clients, ranging from global conglomerates to middle-market companies in all sectors of the industry.