Quarterly Insights: Australian Food Manufacturing & Distribution March 2019
PKF Melbourne Corporate Finance is pleased to present the Food Manufacturing & Distribution Insights for the March 2019 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 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 6.52% over the 12 month period from April 2018 to March 2019 and a growth of 4.04% for the March 2019 quarter. The Consumer Staples Index was outperformed by the ASX for the March 2019 quarter.
Key deal activity in March 2019 quarter
PKF Melbourne Corporate Finance has observed the following key food manufacturing and distribution transactions announced during the March 2019 quarter.
¹63% stake acquisition
²50% stake acquisition
³49.9% stake acquisition
⁴52% stakes acquisition
⁵46% stake acquisition
⁶43.7% stake acquisition
⁷51% stake acquisition