China’s consumer industry saw a rise of 6.1% in overall deal activity during Q4 2019, when compared with the last four-quarter average, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

A total of 121 deals worth $11.84bn were announced in Q4 2019, compared to the last four-quarter average of 114 deals.

Venture financing was the leading category in the quarter with 80 deals which accounted for 66.1% of all deals.

In second place was M&A with 31 deals, followed by private equity with ten transactions, respectively accounting for 25.6% and 8.3% of overall deal activity in the country’s consumer industry during the quarter.

In terms of value of deals, M&A was the leading deal category in China’s consumer industry with total deals worth $6.3bn, while private equity and venture financing deals totalled $4.68bn and $862.93m, respectively.

China consumer industry deals in Q4 2019: Top deals

The top five consumer deals accounted for 84.2% of the overall value during Q4 2019.

The combined value of the top five consumer deals stood at $9.97bn, against the overall value of $11.84bn recorded for the month.

The top five consumer industry deals of Q4 2019 tracked by GlobalData were:

1) Zhuhai Mingjun Investment Partnership’s $5.66bn private equity deal with Gree Electric Appliancesof Zhuhai

2) The $2.1bn asset transaction with Metro by Wumart Stores

3) COFCO (Hong Kong)’s $1.17bn acquisition of China Agri-Industries Holdings

4) The $568.6m private equity deal with Junlebao Dairy by Junqian Management, Ping An Capital and Primavera Capital Group

5) Octopus (China)’s acquisition of Springland International for $471.06m.

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.