We offer a full range of advisory services to companies throughout the food and drink supply chain, from primary producers through to retail operations. Our team of experienced professionals understand the food and agribusiness sector.
Research completed by Grant Thornton in 2008 forecasted an unprecedented level of consolidation in the food and drinks industry. By consolidation, we mean the process by which the number of companies operating in the segment is reduced. The consolidation process may occur via mergers, acquisitions or company failures.
The unprecedented level of consolidation is being driven mainly by the convergence of five particular trends:
- raw material cost increases;
- retailer pressures;
- cross-border expansion;
- tighter availability of finance; and
- portfolio adjustments.
We offer robust, commercial solutions to help you face these issues. Our expert advice is based on extensive experience in the sector and demonstrable client service, knowledge and contacts, enabling us to offer tailored strategic advice to those companies seeking to grow, or helping them manage underperforming businesses.
We offer solutions and advice in the following service areas: audit; tax; corporate finance including effective lead advisory services based on our knowledge of industry players, fund-raising, joint ventures, disposals, acquisitions, MBO/MBI’s, and financial and vender due diligence; recovery and reorganisation services from turnaround and restructuring work through to formal appointments; and operational advisory, providing advice and/or programme management on issues, risks and deals specific to a business's operations.
Please click here to download the Grant Thornton UK Food consolidation Index report 2008.