1. Deals Analysis
June 23, 2022

Asia-Pacific’s consumer industry saw a drop of 33.90% in deal activity during May 2022

By Carmen

Asia-Pacific’s consumer industry saw a drop of 33.90% in deal activity during May 2022, when compared with the last 12-month average, led by China Mengniu Dairy’s $241.25m acquisition of 20% stake in Inner Mongolia Mengniu Dairy (Group), according to GlobalData’s deals database.

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A total of 78 consumer industry deals worth $1.3bn were announced for the region in May 2022, against the 12-month average of 118 deals.

Of all the deal types, venture financing saw most activity in May 2022 with 50 transactions, representing a 64.1% share for the region.

In second place was M&A with 24 deals, followed by private equity deals with four transactions, respectively capturing a 30.8% and 5.1% 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 $771.45m, while venture financing and private equity deals totalled $324.58m and $153m, respectively.

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

The top five consumer deals accounted for 58.6% of the overall value during May 2022.

The combined value of the top five consumer deals stood at $731.84m, against the overall value of $1.3bn recorded for the month.

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

1) China Mengniu Dairy $241.25m acquisition deal for 20% stake in Inner Mongolia Mengniu Dairy (Group)

2) The $181.42m acquisition of 25% stake in Yashili International Holdings by China Mengniu Dairy

3) Danone $131.18m acquisition deal with Dumex Baby Food

4) The $100m venture financing of Neso Brands by Falcon Edge Capital,KKRInc,SoftBank Venture Capital and Temasek Holdings (HK)

5) Keistone Partners $78m private equity deal with Yeokjeon FnC

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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