Rationale behind acquisitions, consolidations

02/13/2003 | Just-Food.com

The rising levels of consolidation in the food industry are driven by companies' need to enter new markets and countries and attaining economies of scale, food industry experts say. The decline of merger and acquisition activity since 2001 is partly due to the current economic downturn that has lowered investor expectations, along with a more cautious attitude by management.

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