Food sector M&A ripe for the picking

In the biggest deal to date in the natural and organic foods category, and in its largest takeover since 2007, French food company Danone is set to double the size of its US business this month with the acquisition of US organic food producer WhiteWave Foods. This included significant run-rate EBIT synergies of $300 million by 2020, an improvement of Danone’s full year like-for-like sales growth by an extra 0.5 percent to... Read More