Q3 2024 Food & Beverage Industry Update

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GCG’s Q3 2024 Food & Beverage Industry Update provides an overview of the latest trends in the sector, including recent performance, valuation multiples, and the state of the middle-market M&A environment.

Key findings include the following:

  • GCG observed several key trends in the F&B industry during Q3 2024, including a strategic move by large industry players to divest non-core assets, a broad industry shift towards premiumization, and an increased adoption of AI-driven solutions to enhance supply chain management.
  • M&A deal activity increased in Q3 2024, and there is optimism for a strong finish to the year driven by anticipated Fed rate cuts in November and December.
  • Based on a representative set of publicly traded companies across the F&B industry, companies traded at an average multiple of 15.1x EBITDA in Q3 2024.

Click here for the full update.

 

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