2019 Was the Year When ‘Big Food’ Got Bigger According to Manufacturing Journalist TR Cutler

December 18 08:04 2019
2019 Was the Year When \'Big Food\' Got Bigger According to Manufacturing Journalist TR Cutler

While 2019 was not a vintage year for food industry mergers and acquisitions (M&A), it was notable for how many large players snapped up – or invested in – smaller companies operating in fast growing, on-trend categories, reported manufacturing journalist TR Cutler. 

The value of deals was down year-on-year in the nine months to the end of September and, in M&A circles, remarked how smaller food enterprises burdened with regulatory compliance, particularly FSMA (Food Safety Modernization Act) were driving the mergers.  However, some of the deals that did take place were eye-catching for their strategic importance. 

Cutler noted that deals involving major food companies buying each other were few and far between in 2019, but smaller businesses operating in categories linked to health and wellness or plant-based protein alternatives, for example, found themselves in high demand.  One can also point to confectionery giant Mondelez International looking to the future by taking a minority investment in Uplift Food, a local early-stage start-up focusing on pre-biotic functional foods and US meat giant Tyson Foods making a move in a different area of protein alternatives by investing in New Wave Foods, a producer of plant-based shrimp.

About TR Cutler, Inc. 

Thomas R. Cutler is the President and CEO of Fort Lauderdale, Florida-based, TR Cutler, Inc., the largest manufacturing communication firm worldwide with four dozen industry experts and thought leaders on staff. Cutler is celebrating the 20-year anniversary of the Manufacturing Media Consortium.

Cutler has authored more than 7,000 articles for a wide range of manufacturing periodicals, industrial publications, and business journals. Cutler is the most published freelance industrial journalist worldwide, and more than 4200 industry leaders follow Cutler on Twitter daily at @ThomasRCutler

Media Contact
Company Name: TR Cutler Inc.
Contact Person: Thomas R. Cutler
Email: Send Email
Phone: 954-682-6200
Address:3032 S. Oakland Forest Dr. S-2803 Unit 2803
City: Fort Lauderdale
State: FLORIDA
Country: United States
Website: http://www.trcutlerinc.com

  Categories: