Dresner Partners, Mergers Alliance partner in the US, launches its Food & Beverages 1st Quarter 2021 Review. In this edition, they briefly discuss the “Snapple Model”, and the resulting increase in valuation (driven by higher valuation multiples) exhibited by those companies fully embracing an asset-light business model.
Dresner Partners has been extremely active in advising clients in the consumer products sector, including Food & Beverage. An area of continued client interest is whether the asset-light operating model, achieved predominantly through outsourcing production, may result in a higher valuation for a company in a transaction. In this edition, they briefly discuss the “Snapple Model”, and the resulting increase in valuation (driven by higher valuation multiples) exhibited by those companies fully embracing an asset-light business model.
Dresner has also presented the number and value of M&A transactions in the global Food & Beverage sector for the 12-month period ending March 31, 2021, as well as for that subset of M&A deals involving an important industry participant – private equity. Finally, they have included subsector-by-subsector analyses for public companies in the sector.
