Acquisition activity stabilized following August’s decline. U.S. food, beverage and agribusiness M&A held at 17 transactions with disclosed dollar volume of approximately $1.1 billion
Strategic activity extended across protein, prepared foods and ingredients. Branded, BFY products remained an acquisition theme, alongside transactions adding foodservice and specialty ingredient capabilities
Commodity prices partially reversed course in September. Corn, wheat and cocoa declined, while soybean meal and sugar moved higher, leaving a mixed input-cost environment
Monthly Activity + Mix
Total transaction activity increased to 48 from 41, principally reflecting public equity offerings rather than an increase in M&A.