1. Deals Analysis
March 29, 2022

Asia-Pacific’s consumer industry saw a drop of 28.21% in deal activity during February 2022

By Carmen

Asia-Pacific’s consumer industry saw a drop of 28.21% in deal activity during February 2022, when compared with the last 12-month average, led by Reco Pine’s $1.3bn acquisition of Prince Hotels, according to GlobalData’s deals database.

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A total of 84 consumer industry deals worth $2.7bn were announced for the region in February 2022, against the 12-month average of 117 deals.

Of all the deal types, venture financing saw most activity in February 2022 with 49 transactions, representing a 58.3% share for the region.

In second place was M&A with 28 deals, followed by private equity deals with seven transactions, respectively capturing a 33.3% and 8.3% share of the overall deal activity for the month.

In terms of value of deals, private equity was the leading category in Asia-Pacific’s consumer industry with $1.34bn, while M&A and venture financing deals totalled $1.12bn and $274.82m, respectively.

Asia-Pacific consumer industry deals in February 2022: Top deals

The top five consumer deals accounted for 93.2% of the overall value during February 2022.

The combined value of the top five consumer deals stood at $2.55bn, against the overall value of $2.7bn recorded for the month.

The top five consumer industry deals of February 2022 tracked by GlobalData were:

1) Reco Pine $1.3bn private equity deal with Prince Hotels

2) The $1bn acquisition of 40% stake in China Resources C’estbon Beverage (China) by Plateau Consumer

3) Masan Group $110m acquisition deal for 31% stake in Phuc Long Heritage Joint Stock

4) The $100m venture financing of Next Gen Foods by Alpha JWC Ventures,Bits x Bites,EDBI,GGV Capital,K3 Ventures,MPL Ventures and Temasek Investments

5) ATM Capital ,eWTP Capital,Gaorong Capital,Hidden Mountain Capital,M31 Capital and SIG Capital Partners $40m venture financing deal with Y.O.U – Beauty Brand 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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