Asia-Pacific’s consumer industry saw a drop of 11.11% in deal activity during March 2022, when compared with the last 12-month average, led by Kakao’s $810m acquisition of 20% stake in SM Entertainment, according to GlobalData’s deals database.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
A total of 104 consumer industry deals worth $2.7bn were announced for the region in March 2022, against the 12-month average of 117 deals.
Of all the deal types, venture financing saw most activity in March 2022 with 63 transactions, representing a 60.6% share for the region.
In second place was M&A with 32 deals, followed by private equity deals with nine transactions, respectively capturing a 30.8% and 8.7% share of the overall deal activity for the month.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataIn terms of value of deals, M&A was the leading category in Asia-Pacific’s consumer industry with $1.76bn, while venture financing and private equity deals totalled $658.46m and $266.82m, respectively.
Asia-Pacific consumer industry deals in March 2022: Top deals
The top five consumer deals accounted for 72.8% of the overall value during March 2022.
The combined value of the top five consumer deals stood at $1.95bn, against the overall value of $2.7bn recorded for the month.
The top five consumer industry deals of March 2022 tracked by GlobalData were:
1) Kakao $810m acquisition deal for 20% stake in SM Entertainment
2) The $462.48m acquisition of 14% stake in HANJIN KAL by Hoban Construction
3) Korea Wide Partners $249m private equity deal with Mirae Paper and Mirae Well Life
4) The $237m acquisition of Quantum Hi-Tech (China) Biological by Tate & Lyle
5) Descartes Capital Group,Restaurant Brands International and Silvercrest Asset Management Group $194.5m venture financing deal with TIMS China
