Unstructured Finance

Check Out Line: Appetite grows for food deals

March 16, 2010

thistractorCheck out what we’re hearing from top executives attending our Food and Agriculture Summit in Chicago this week.

Kantar Retail Americas Chief Executive Ken Harris, a top industry consultant, said he sees a healthy appetite for strategic acquisitions in the food and grocery space this year as improving credit markets and a recovering U.S. economy tempt buyers.

“It’s not about making a big acquisition, but you’ll see some smart acquisitions starting to happen over the next six to 12 months,” said Harris, who advises food manufacturers and retailers on their business models and acquisition strategies.

Also in the basket:

Danone: U.S. yogurt consumption to double

Dr Pepper sees more than cash from Coke

Sanderson CEO still neutral on Russia

U.S. farm economies deteriorating-study

(Reuters photo)

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