UK food and beverage companies were a hot commodity in 2012, with the proportion of acquisitions by foreign buyers increasing 7 percent on 2011 figures, to 14%. The industry in general has seen an increased volume of deals over the past year, while deal value has risen by 64%, according to Grant Thornton’s recent report. This is a promising indicator of the current health of the sector.
Further activity is expected for 2013, with involvement from the BRIC countries (Brazil, Russia, India and China) expected, as consumer tastes evolve in response to the growth of the middle classes in these regions. British and Irish companies are seen as stable and sustainable suppliers in the global food and beverage market, a reputation that will aid their success over the coming year.