1. Deals Analysis
July 20, 2021

Consumer industry cross border M&A deals total $1.4bn in Europe in June 2021

Total consumer industry cross border M&A deals worth $1.4bn were announced in Europe in June 2021, led by Brunswick’s $1.05bn acquisition of Navico Holding, according to GlobalData’s deals database.

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The value marked a decrease of 41.6% over the previous month of $2.33bn and a rise of 27.1% when compared with the last 12-month average of $1.07bn.

Europe held a 76.40% share of the global consumer industry cross border M&A deal value that totalled $1.78bn in June 2021. With a 58.99% share and deals worth $1.05bn, Norway was the top country in Europe’s cross border M&A deal value across consumer industry.

In terms of cross border M&A deal activity, Europe recorded 26 deals during June 2021, marking a decrease of 10.34% over the previous month and a rise of 30.00% over the 12-month average. The UK recorded six deals during the month.

Europe consumer industry cross border M&A deals in June 2021: Top deals

The top three consumer industry cross border M&A deals accounted for 97.7% of the overall value during June 2021.

The combined value of the top three consumer cross border deals stood at $1.33bn, against the overall value of $1.36bn recorded for the month.

The top three  consumer industry cross border M&A deals of June 2021 tracked by GlobalData were:

1) Brunswick’s $1.05bn acquisition of Navico Holding

2) The $183.16m acquisition of Always Pure Organics by ST Brands

3) The Kraft Heinz’s $100m acquisition of Assanfoods.

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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