Total Consumer industry cross border deals worth $19.8bn were announced globally for May 2022, with the Philip Morris International $17.33bn acquisition of Swedish Match being the sector’s biggest investment, according to GlobalData’s deals database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 405.9% over the previous month of $3.91bn and a rise of 94.3% when compared with the last 12-month average of $10.18bn.

In terms of number of cross border deals, the sector saw a drop of 24.76% with 79 deals in May 2022 when compared to the last 12-month average of 105 deals.

In value terms, Europe led the activity with cross border deals worth $18.63bn in May 2022.

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.

Company Profile – free sample

Thank you!

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 form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Consumer industry cross border deals in May 2022: Top deals

The top five cross border deals accounted for 96.05% of the overall value during May 2022.

The combined value of the top five cross border deals stood at $19bn, against the overall value of $19.8bn recorded for the month.

The top five Consumer industry cross border deals of May 2022 tracked by GlobalData were:

1) Philip Morris International $17.33bn acquisition deal with Swedish Match

2) The $1bn acquisition of Byredo by L’Oreal and Puig

3) Hanaco Ventures Capital and Synthesis Capital $250m venture financing deal with Redefine Meat

4) The $241.25m acquisition of 20% stake in Inner Mongolia Mengniu Dairy (Group) by China Mengniu Dairy

5) Brookfield Asset Management $184.06m private equity deal with DigitalBridge Group