January 31/Upper Saddle River, N.J./PRWEB -- Some 301 mergers were recorded by the Food Institute through the end of 2012, down about 21% for the year when compared with 2011. The Food Institute's "2012 Food Business Mergers and Acquisitions" offers a comprehensive record of food industry M&A for the year, and will be available in March.
The Food Institute tracked the biggest mergers and acquisitions throughout the year: the sale of five retail banners by supermarket giant Supervalu and food processor Kellogg Company's purchase of Procter & Gamble's Pringles business, a brand that earns $1.5 billion in sales across more than 140 countries; Campbell Soup Company's Bolthouse Farms $1.55 billion deal; ConAgra Foods' $6.8 billion purchase of Ralcorp Holdings and more as reported in The Food Institute Report.