Food-Industry Acquisitions Up 7.7% in 2006

ELMWOOD PARK, N.J. -- Supermarket companies completed 21 mergers and acquisitions in 2006, according to a report released yesterday by The Food Institute here, up from just nine completed in 2005.

ELMWOOD PARK, N.J. -- Supermarket companies completed 21 mergers and acquisitions in 2006, according to a report released yesterday by The Food Institute here, up from just nine completed in 2005. The report, titled “Food Business Mergers & Acquisitions 2006,” noted that another 15 such supermarket deals were still pending at the start of 2007. In total, the food industry -- including supermarkets, restaurants and food processors -- underwent 348 mergers and acquisitions

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