Consumer industry cross border M&A deals total $1.24bn globally in December 2020

21 January 2021 (Last Updated February 12th, 2021 07:32)

Total consumer industry cross border M&A deals worth $1.24bn were announced globally in December 2020, led by Essity’s $408.79m acquisition of Asaleo Care, according to GlobalData’s deals database.

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The value marked a decrease of 88% over the previous month of $10.32bn and a drop of 81.6% when compared with the last 12-month average, which stood at $6.74bn.

Comparing cross border M&A deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $545.93m. At the country level, the Australia topped the list in terms of deal value at $429.19m.

In terms of volumes, Europe emerged as the top region for consumer industry cross border M&A deals globally, followed by Asia-Pacific and then North America.

The top country in terms of cross border M&A deals activity in December 2020 was the US with eight deals, followed by the UK with five and China with four.

In 2020, as of December, consumer cross border M&A deals worth $49.46bn were announced globally, marking an increase of 40.6% year on year.

consumer industry cross border M&A deals in December 2020: Top deals

The top five cross border M&A deals accounted for 80.6% of the overall value during December 2020.

The combined value of the top five consumer cross border M&A deals stood at $995.67m, against the overall value of $1.24bn recorded for the month.

The top five consumer industry cross border M&A deals of December 2020 tracked by GlobalData were:

1) Essity’s $408.79m acquisition of Asaleo Care

2) The $269.69m acquisition of Maximo Fitness by Thrasio

3) Novozymes’ $128.29m acquisition of Microbiome Labs

4) The $96.9m acquisition of Shang Xia by EXOR

5) Hamad bin Khalifa Al Nahyan’s acquisition of Beitar Jerusalem for $92m.

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.