1. Deals Analysis
May 10, 2021

Consumer industry cross border deals total $35.37bn globally in Q1 2021

The Blackstone Group’s $6.2bn private equity deal with Crown Resorts was the consumer industry’s biggest cross border deal of Q1 2021 as cross border deals worth $35.37bn were announced globally in the quarter, according to GlobalData’s deals database.

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The value marked an increase of 27.3% over the previous quarter and a rise of 93.7% when compared with the last four-quarter average of $18.26bn.

In terms of number of cross border deals, the sector saw a rise of 25.55% with 301 deals in Q1 2021 against the average of 239.75 deals in the last four-quarters.

In value terms, Europe led the activity with cross border deals worth $13.3bn.

consumer industry cross border deals in Q1 2021: Top deals

The top five consumer industry cross border deals accounted for 65% of the overall value during Q1 2021.

The combined value of the top five cross border deals stood at $22.98bn, against the overall value of $35.37bn recorded for the quarter.

The top five consumer industry cross border deals of Q1 2021 tracked by GlobalData were:

1) The Blackstone Group’s $6.2bn private equity deals with Crown Resorts

2) The $4.8bn private equity with Birkenstock Orthopadie GmbHKG by Financiere Agache and L Catterton

3) Hillhouse Capital Group’s $4.38bn private equity deal with Philips Domestic Appliances Holding

4) The $4.3bn private equity deal with Nestle Waters North America by Metropoulos and One Rock Capital Partners

5) AB Electrolux’s acquisition of GE Appliances for $3.3bn.

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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