Quarterly Insights: Australian Food Manufacturing & Distribution June 2018
PKF Melbourne Corporate Finance are pleased to present the Food Manufacturing & Distribution Insights for the June 2018 quarter, including a review of key mergers and acquisitions activity in the industry. Our quarterly release serves as a preface to the insights and observations that we can provide to drive business value and achieve a successful transaction.
The Consumer Staples Index
The Consumer Staples index comprises companies involved in the manufacturing and distribution of food and beverages. The index provides a broad measure of the performance of the Australian food manufacturing and distribution industries.
The Consumer Staples index experienced growth of 24.14% over the 12 month period from July 2017 to June 2018 and growth of 11.88% for the June 2018 quarter. The Consumer Staples index outperformed the ASX for the June 2018 quarter.
Source: ASX, PKF analysis
Key Deal Activity in June 2018 Quarter
PKF Melbourne Corporate Finance have observed the key food manufacturing and distribution transactions announced during the June 2018 quarter.
Source: S&P Capital IQ, ASX Announcements, PKF analysis
* 51% stake acquisition