M&A activity in the Food and Beverage sector for United States based target companies in Q2 2014 included 68 closed deals according to data provided by S&P Capital IQ. According to a report from PricewaterhouseCoopers, activity during the second quarter of 2014 was anchored by a few large value deals. The U.S. retail and consumer industry exceeded year-over-year deal value by 104 percent and volume by 52 percent.