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Dec 8, 2015 / Richard Hall

31 acquisitions In November

Fewer food and drink industry transactions were recorded on the mergers and acquisitions database in November compared with the average month, but one was over $10,000 million and two more close to $1,000 million.

•  $12,000 million for US brewer Molson Coors to buy the remaining 58% of its MillerCoors joint venture with UK based SABMiller

•  $1,000 million for Constellation Brands to purchase the Ballast Point craft brewer in the United States

•  $975 million for Pinnacle Foods to acquire Boulder Brands in the United States.

Among the 31 total, as many as 12 were in alcohol, with 4 in dairy, 3 in soft drinks and 2 each in equipment and ingredients.

22 countries featured, led by the United States on 12, followed by the United Kingdom on 9 and Switzerland on 3. 

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