The just-food management briefing - M&A in 2010Kraft Foods' move to buy Cadbury in January failed to spark a burst of M&A activity in the food industry, as economic conditions continued to dampen attitude to risk. As the year progressed, however, confidence returned and the pace of acquisitions picked up. This management briefing tracks all the major acquisition activity from the last 12 months. And, as our analysis shows, the nature and rationale behind the deals has altered significantly.