Food industry deals worth $445m were announced globally in July 2022, with the $200m venture financing of FreshRealm being the sector’s biggest investment, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked a decrease of 88.9% over the previous month of $4.02bn and a drop of 84.05% when compared with the last 12-month average of $2.79bn.

In terms of the number of deals, the sector saw a drop of 69.66% with 27 deals in July 2022 when compared to the last 12-month average of 89 deals.

In value terms, North America led the activity with deals worth $361.43m in July 2022.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Food industry deals in July 2022: Top transactions

The top five deals accounted for 94.9% of the overall value during July 2022.

The combined value of the top five deals stood at $422.5m, against the overall value of $445m recorded for the month.

The top five food industry deals of July 2022 tracked by GlobalData were:

1) Cornerstone Institutional Investors’ $200m venture financing deal with FreshRealm

2) The $150m venture financing of Emergy Food by Canada Pension Plan Investment Board, Cultivate Next, Grosvenor Food & AgTech, Revolution Growth and Wellington Management LLP

3) Premier Foods’ $52.5m acquisition of The Spice Tailor

4) The $14.92m venture financing of Xiamen Chenji Le Yaoju Food by Liangrun Fund Investments

5) Tenmaya Store’s $5.08m acquisition deal with Miyoshino Honten