IS FOOD THE
Merger and acquisition activity by Canadian food and agri-business companies could be heating up as world markets open up.
By Jennifer Brown
FRONTIER? NEXT
W
hen one thinks of merger and
acquisition the heavy action in
Canadian business, typically it's the resource sectors, fol- lowed by financial as
services hitters with
the most going on, even in tough times. According to
PricewaterhouseCoopers Canada, mining has become the No. 1 targeted sector in Ontario and British Columbia. But traditional hotbeds of resource activity such as Alberta are starting to see a shift in M&A activity. Where oil and gas deals once represented 80 per cent of the acquisitions in that province, they have declined to represent 50 per cent of the province's takeover market.
INHOUSE FEBRUARY 2012 • 19
