We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Increasingly, Acquisition Targets In Snack Industry Are Focused On BFY, Plant-Based

April 12, 2021: 12:00 AM EST
Private equity firms and strategic buyers are getting very picky about who they consider prime targets for a snack or food industry deal. Along with animal-free supply chains and low-carbon packaging, nutritious ingredients matter to health- and eco-conscious snack shoppers, so they matter to dealmakers. Whether a granola bar contains milk-derived whey or pea protein could mean the difference between an average multiple and one with "flex," says one investment banker. A significant example is Swedish beverage company Oatly’s oat milk product. It avoids the carbon emissions of factory farming, and it’s vegan – “the holy duo in a market growing secularly toward health and social consciousness.” The company’s IPO is reportedly heading toward a $5 billion valuation less than a year after a July funding round pegged it nearer $2 billion – an "extraordinary" level, said a partner at Blue Point Capital.
Brandon Zero , "Pea Protein Burgers and Healthy Pizza Reign, Whetting Appetite for M&A", Mergers and Acquisitions Reports (The Middle Market), April 12, 2021, © Middle Market Information LLC
Domains
FOOD BUSINESS NEWS
Market Segments
News
Companies
Market News
Savory Snacks
Geographies
Worldwide
North America
United States of America
Categories
Business News
Companies
Companies, Organizations
Market News
Developed by Yuri Ingultsov Software Lab.