1. Deals Analysis
December 16, 2021updated 16 Mar 2022 7:14am

Asia-Pacific’s consumer industry saw a rise of 3.85% in cross border deal activity during November 2021

Asia-Pacific’s consumer industry saw a rise of 3.85% in cross border deal activity during November 2021, when compared with the last 12-month average, led by Universal Robina’s $455.13m acquisition of Munchworld Marketing Sdn and Munchy Food Industries Sdn., according to GlobalData’s deals database.

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A total of 27 consumer industry cross border deals worth $1bn were announced for the region in November 2021, against the 12-month average of 26 deals.

Of all the deal types, venture financing saw most activity in November 2021 with 20 transactions, representing a 74.1% share for the region.

In second place was M&A with five deals, followed by private equity deals with two transactions, respectively capturing an 18.5% and 7.4% share of the overall cross border deal activity for the month.

In terms of value of cross border deals, venture financing was the leading category in Asia-Pacific’s consumer industry with $570.69m, followed by M&A deals totalled $469.43m.

Asia-Pacific consumer industry cross border deals in November 2021: Top deals

The top five consumer cross border deals accounted for 87.7% of the overall value during November 2021.

The combined value of the top five consumer cross border deals stood at $912.13m, against the overall value of $1bn recorded for the month.

The top five consumer industry cross border deals of November 2021 tracked by GlobalData were:

1) Universal Robina $455.13m acquisition deal with Munchworld Marketing Sdn and Munchy Food Industries Sdn.

2) The $200m venture financing of Beijing Yuanqi Forest Beverage by Sequoia China Fund,Temasek Holdings (Private) and Warburg Pincus

3) Accel,Alpha Wave Ventures,Falcon Edge Capital,Naspers Ventures,Norwest Venture Partners and Tiger Global Management $135m venture financing deal with Mensa Brand Technologies

4) The $92m venture financing of Zoomcar India by SternAegis Ventures

5) Verso Capital Partners $30m venture financing deal with TurtleTree Labs

Verdict deals analysis methodology

This analysis considers only announced and completed cross border 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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