Deals
Big Food’s Deal Frenzy Is Just Getting Started
- Kraft Heinz expected to pursue a deal after Unilever stumble
- Companies are consolidating in bid to stimulate sales growth
Big Food Deals a Taste of What's to Come in 2018
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The U.S. food industry has announced $42 billion in deals this year, but it could just be a taste of the next wave of consolidation coming in 2018.
Companies from Kraft Heinz to Conagra are seen as possible suitors next year as food giants struggle to generate growth. They face an array of challenges: shifting eating tastes, a resurgent Wal-Mart playing tough with suppliers and Amazon’s expansion into the grocery business.