Quarterly Insights: Australian Food Manufacturing & Distribution December 2019
PKF Melbourne Corporate Finance is pleased to present the Food Manufacturing & Distribution Insights for the December 2019 quarter, including a summary of key merger and acquisition transactions observed in the industry.
Our quarterly release helps demonstrate our knowledge of the sector and our ability to drive business value and achieve a successful outcome for anyone contemplating a transaction.
The Consumer Staples Index
The Consumer Staples Index is comprised of 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 a growth of 17.98% over the 12 month period from January 2019 to December 2019 and a decline of 2.72% for the December 2019 quarter. The Consumer Staples Index was outperformed by the ASX for the December 2019 quarter.
Key Deal Activities in December 2019 Quarter
PKF Melbourne Corporate Finance has observed the following key food manufacturing and distribution transactions announced during the December 2019 quarter.
¹ 49% stake
² 5% stake
3 75% stake
Source: S&P Capital IQ, ASX announcements, MergerMarket, PKF analysis