1. Deals Analysis
April 21, 2022

Consumer industry cross border M&A deals total $900.8m globally in March 2022

By Nikitha Ladda

Total consumer industry cross border M&A deals worth $900.8m were announced globally in March 2022, led by John Textor’s $258.79m acquisition of Botafogo de Futebol e Regatas., according to GlobalData’s deals database.

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The value marked a decrease of 58.9% over the previous month of $2.19bn and a drop of 84.9% when compared with the last 12-month average, which stood at $5.95bn.

Comparing cross border M&A deals value in different regions of the globe, South and Central America held the top position, with total announced deals in the period worth $413.1m. At the country level, the Brazil topped the list in terms of deal value at $258.79m.

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

The top country in terms of cross border M&A deals activity in March 2022 was the US with six deals, followed by the France with three and Germany with three.

In 2022, as of March, consumer cross border M&A deals worth $4.8bn were announced globally, marking an increase of 45.7% year on year.

consumer industry cross border M&A deals in March 2022: Top deals

The top five cross border M&A deals accounted for 92.5% of the overall value during March 2022.

The combined value of the top five consumer cross border M&A deals stood at $833.02m, against the overall value of $900.8m recorded for the month.

The top five consumer industry cross border M&A 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) China Youran Dairy Group $154.31m acquisition deal for 27.2% stake in Wholesome Harvest

4) The $138.38m acquisition of Eureka Forbes by AI Global Investments (Cyprus) PCC,AI Pure (Cayman),Lunolux and Lunolux Midco

5) HomeToGo $44.54m acquisition deal with E-Domizil

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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