Mergers in the food and beverage industry have been going strong, with big F& B companies showing no shortage in their appetite for billion-dollar deals. J.M. Smucker Co. recently announced it would expand its family of brands significantly by acquiring Hostess for $5.6 billion, following a string of other acquisitions. And the urge to merge has been alive and well in F&B.
Monster Energy entered the alcohol sector with its $330 million acquisition of Canarchy Craft Brewery. Hormel Foods
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