1. Deals Analysis
April 21, 2022

Asia-Pacific’s consumer industry saw a drop of 11.11% in deal activity during March 2022

By Nikitha Ladda

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.

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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.

In 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

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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