Quarterly Insights: Australian Food Manufacturing & Distribution March 2018
PKF Melbourne Corporate Finance is pleased to present the Food Manufacturing & Distribution Insights for the March 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 4.72% over the 12 month period from April 2017 to March 2018 and 1.31% decline for the March 2018 quarter. The index outperformed the ASX for the March 2018 quarter.
Source: ASX, PKF Analysis
Key Deal Activity in Q1 March 2018
PKF Melbourne Corporate Finance have observed the key food manufacturing and distribution transactions which closed during the March 2018 quarter and are listed below.
Source: Capital IQ, ASX Announcements
¹ 10% stake acquisition