1. Deals Analysis
April 19, 2022

Consumer industry cross border deals total $1.8bn globally in March 2022

By Carmen

Total consumer industry cross border deals worth $1.8bn were announced globally for March 2022, with the $258.79m acquisition of Botafogo de Futebol e Regatas. being the sector’s biggest investment, according to GlobalData’s deals database.

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The value marked a decrease of 57.7% over the previous month of $4.14bn and a drop of 84.9% when compared with the last 12-month average of $11.58bn.

In terms of number of cross border deals, the sector saw a drop of 17.92% with 87 deals in March 2022 when compared to the last 12-month average of 106 deals.

In value terms, Asia-Pacific led the activity with cross border deals worth $680.07m in March 2022.

consumer industry cross border deals in March 2022: Top deals

The top five cross border deals accounted for 57.5% of the overall value during March 2022.

The combined value of the top five cross border deals stood at $1.01bn, against the overall value of $1.8bn recorded for the month.

The top five consumer industry cross border deals of March 2022 tracked by GlobalData were:

1) John Textor $258.79m acquisition deal with Botafogo de Futebol e Regatas.

2) The $237m acquisition of Quantum Hi-Tech (China) Biological by Tate & Lyle

3) Descartes Capital Group,Restaurant Brands International and Silvercrest Asset Management Group $194.5m venture financing deal with TIMS China

4) The $164m private equity of Diageo by Bayside PE and Metis Investment

5) China Youran Dairy Group $154.31m acquisition of 27.16% stake in Wholesome Harvest

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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