1H 2023 Food & Beverage M&A Report

If anything, the first half of 2023 was an “interesting” time for the food and beverage sector. Government investigations, federal intervention on deals, inflation, higher wages, backlash on tipping, labor issues, new scientific scrutiny, and divestitures (and government seizures) in Russia. That’s a lot for any sector to handle, but Food and Beverage is a big category that affects everyone. We all eat. From craft beer to turmoil within one of the world’s largest fast food chains, Subway (more U.S. locations than McDonald’s), there are a lot of moving parts.