Total food deals in Q4 2018 worth $11.45bn were announced, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

The value marked an increase of 34.3% over the previous quarter and a drop of 7.01% when compared with the last four-quarter average of $12.32bn.

In terms of number of deals, the sector saw a rise of 9.24% over the last four-quarter average with 189 deals against the average of 173 deals.

In value terms, North America led the activity with deals worth $9.1bn.

The top announced deal, as tracked by GlobalData, in Q4 2018 was CJ CheilJedang’s $1.84bn acquisition of The Schwan Food.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.