Huge M&A deals: largest mergers in the food and hospitality industry

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Here are some of the largest mergers in the food and hospitality industry over the last five years:

Darden Restaurants and Ruth's Hospitality Group 

In 2023, Darden purchased Ruth's Hospitality Group for $715 million.

Fat Brands and Smokey Bones 

Fat Brands acquired Smokey Bones, marking its 18th acquisition to date.

Inspire Brands and Dunkin' Brands 

Inspire Brands acquired Dunkin' Brands in a deal valued at $11.3 billion in 2020.

PepsiCo and Rockstar Energy 

PepsiCo acquired Rockstar Energy for $3.85 billion in 2020.

Nestlé and Freshly 

Nestlé acquired Freshly for $950 million in 2020.

These mergers reflect significant strategic moves within the industry, aiming to expand market reach and enhance product offerings.

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