Study: Top 50 CGP companies reach 15-year high in M&As
The rise in M&A comes as big fast-moving consumer goods (FMCG) companies respond to challenges of driving growth, as well as pressure from activist investors to increase margins.
The number of mergers and acquisition deals among the Top 50 consumer goods giants reached a 15-year high in 2017, a 45% increase from the previous year, according to the annual Global 50 report released by OC&C Strategy Consultants, New York.
The study, done in collaboration with The Grocer, a British magazine published by William Reed Business Media, examines the financial performance of the world’s largest consumer goods companies.