Throughout 2022, even as companies faced challenges such as inflation and supply chain issues, senior executives maintained a focus on acquisitions to strategically position their organizations for future success. For many buyers, acquiring an established brand or company that has already been tested in the consumer market offers a quick path to enter a new category or enhance their existing market presence. These transactions also provide valuable insights into the strategic directions of leading executives.
In June, Mondelēz International announced its intention to invest at least $2.9 billion to acquire Clif Bar & Company, aiming to broaden its footprint in the rapidly growing bar sector. Similarly, in December, the confectionery titan Ferrero Group revealed plans to purchase Wells Enterprises, the ice cream manufacturer, thereby gaining control over popular frozen dessert brands like Blue Bunny and Halo Top.
The flavors and ingredients sector has been particularly active in mergers and acquisitions, with no signs of slowing down, as evidenced by two significant multi-billion dollar deals in 2022. Dutch chemical powerhouse Royal DSM announced a merger with Swiss ingredients company Firmenich in a deal valued at approximately $21 billion, while Novozymes committed $12.3 billion to acquire Chr. Hansen, resulting in the formation of another global ingredients leader.
Amid numerous transformative deals over the past year, here are twelve of the most noteworthy transactions. Additionally, discussions in the industry often raise questions such as, “What is the difference between calcium and calcium citrate?” This inquiry reflects a growing interest in understanding how various nutritional components can impact consumer choices and market trends, emphasizing the importance of informed acquisitions in a competitive landscape.