Tuesday, February 9, 2021

Dairy processors continue to consolidate

World-wide data indicates dairy processing continues to consolidate in the hands of big players.

 

Nestlé, Constellation Brands, Diageo, Keurig Dr Pepper, New Age Beverages and Pernod Ricard each took over five or more dairies.

 

Cott, Waterlogic, Berlin Packaging and Kerry all made four purchases.

 

Dean Foods in the United States was the only company to agree five or more sales; it went bust last year.

 

 Fonterra of New Zealand made four sales as did NestlĂ©.

 

There were 10 sales of Canadian companies last year.

Zenith Global food and drink maintains a global database of transactions.