After Latest Merger, Two Companies Control Majority of Wine and Spirits Distribution

Posted Leah Douglas Leah Douglas, Mergers & Acquisitions, Newsletter

Photo from richardsummers on Flickr.  On November 20, wine and spirits distributors Breakthru Beverage and Republic National Distributing Company (RNDC) announced that they plan to merge. The two companies are the second- and third-largest distributors, and would together have nearly a 60% market share. Experts say continued consolidation in distribution means less leverage for small retailers, and an […]

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Bayer’s Empty Promise: Jobs in Exchange for Approval to Take Over Monsanto

Posted Leah Douglas Leah Douglas, Newsletter

Photo from Flickr user andrepierre. Days before entering office, President Donald Trump held a meeting with executives from agrochemical giants Bayer and Monsanto. The companies sought Trump’s blessing for their $66 billion merger, promising to create thousands of jobs if the merger is approved. But the companies’ track records, as well as evidence from past mergers, suggest the […]

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Merging Seed Giants Tout “Innovation”, but Already Slashing R&D​

Posted Leah Douglas GMOs & Seeds, Leah Douglas, Mergers & Acquisitions, Newsletter

Photo from flickr user thatmakesthree. In a September 20 hearing on Capitol Hill, executives from Monsanto, Bayer, Syngenta, Dow and DuPont defended their plans to merge into three giant agrochemical companies. Under questioning by Senators on the Judiciary Committee, they emphasized that the deals would increase their companies’ ability to “innovate” and to develop better seeds […]

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