Last year, global consumer goods industry mergers and acquisitions hit a 15-year high
Beijing time on the 9th, according to CNBC reports, a new survey report shows that in the face of competition from start-up brands, global consumer goods giants are growing through acquisitions, driven by this, the industry’s M&A activity in 2015 reached 15 years new highs.
According to a report released by consulting firm OC&C Strategy Consultants on Monday, the number of M&A transactions in the global consumer goods industry increased by 45% year-on-year, and the total transaction volume soared 190%.
The OC&C survey analyzed the world’s 50 largest consumer goods companies by sales. Last year, 10 of the 23 food and beverage companies surveyed saw a decline in revenue. Beer and spirits companies performed well, and all seven companies surveyed by OC&C achieved growth in revenue.
Overall, these consumer goods companies only increased sales by 2.6% last year, while sales after excluding exchange rates and prices only increased by 0.6%. However, including the promotion of M&A transactions, these companies’ sales last year increased by 5.7%, the highest level since 2011.
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