Led by $6.2bn private equity deal with Crown Resorts, Asia-Pacific’s consumer industry saw a rise of 11.07% in deal activity during Q1 2021, when compared to the last four-quarter average, according to GlobalData’s deals database.
- 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 316 deals worth $14.39bn were announced for the region during Q1 2021, against the last four-quarter average of 284.50 deals.
Of all the deal types, venture financing saw most activity in Q1 2021 with 165 deals, representing a 52.2% share for the region.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
In second place was M&A with 128 deals, followed by private equity deals with 23 transactions, respectively capturing a 40.5% and 7.3% share of the overall deal activity for the quarter.
In terms of value of deals, private equity was the leading category in Asia-Pacific’s consumer industry with $9.96bn, while M&A and venture financing deals totalled $2.67bn and $1.77bn, respectively.
Asia-Pacific consumer industry deals in Q1 2021: Top deals
The top five consumer deals accounted for a 66.9% share of the overall value during Q1 2021.
The combined value of the top five deals stood at $9.62bn, against the overall value of $14.39bn recorded for the quarter.
The top five consumer industry deals of Q1 2021 tracked by GlobalData were:
1) The Blackstone Group’s $6.2bn private equity deal with Crown Resorts
2) The $1.5bn private equity deal with Shiseido by CVC Capital Partners Asia Fund V
3) Ocean Link and Sequoia Capital China’s $902.16m private equity deal with Zhejiang New Century Hotel Management
4) The $550.2m private equity deal with Kintetsu Group Holdings by Blackstone Group Holdings
5) Essity’s acquisition of Asaleo Care for $468.8m.