A deal for Dole would continue an already busy year for M&A activity in the global food products and beverages sectors, with almost 80 deals currently in the pipeline, per the PitchBook Platform.
The number of deals completed, though, is on pace to decline in 2017. Strategic acquirers have closed 331 transactions involving food & beverage companies so far this year, accounting for roughly $63 billion in deal value, per PitchBook data. That's a far cry from last year's 752 deals representing a decade-high $151 billion in value.
Global M&A activity in food products and beverages
PitchBook subscribers can check out the full data on the pipeline of food & beverage deals.