1. Deals Analysis
March 18, 2021

Asia-Pacific’s consumer industry saw a drop of 3.13% in deal activity during February 2021

Asia-Pacific’s consumer industry saw a drop of 3.13% in deal activity during February 2021, when compared with the last 12-month average, led by CVC Capital Partners Asia Fund V’s $1.5bn acquisition of Shiseido, according to GlobalData’s deals database.

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A total of 93 consumer industry deals worth $3.45bn were announced for the region in February 2021, against the 12-month average of 96 deals.

Of all the deal types, M&A saw most activity in February 2021 with 47 transactions, representing a 50.5% share for the region.

In second place was venture financing with 37 deals, followed by private equity deals with nine transactions, respectively capturing a 39.8% and 9.7% 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 $2.1bn, while M&A and venture financing deals totalled $1.24bn and $110.47m, respectively.

Asia-Pacific consumer industry deals in February 2021: Top deals

The top five consumer deals accounted for 77.4% of the overall value during February 2021.

The combined value of the top five consumer deals stood at $2.67bn, against the overall value of $3.45bn recorded for the month.

The top five consumer industry deals of February 2021 tracked by GlobalData were:

1) CVC Capital Partners Asia Fund V’s $1.5bn private equity deal with Shiseido

2) The $468.8m acquisition deal with Asaleo Care by Essity

3) Concordant Investment’s $323.79m private equity deal with PT. Industri Jamu dan Farmasi Sido Muncul

4) The $200m private equity deal with Kakao Mobility by Carlyle Asia Partners V

5) Kumho Petrochemical’s asset transaction with for $182m.

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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