Total Consumer industry deals worth $25.2bn 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.
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The value marked an increase of 269.4% over the previous month of $6.82bn and a rise of 42.7% when compared with the last 12-month average of $17.65bn.
In terms of number of deals, the sector saw a drop of 29.95% with 269 deals in May 2022 when compared to the last 12-month average of 384 deals.
In value terms, Europe led the activity with deals worth $18.85bn in May 2022.
Consumer industry deals in May 2022: Top deals
The top five deals accounted for 87.9% of the overall value during May 2022.
The combined value of the top five deals stood at $22.13bn, against the overall value of $25.2bn recorded for the month.
The top five Consumer industry deals of May 2022 tracked by GlobalData were:
1) Philip Morris International $17.33bn acquisition deal with Swedish Match
2) The $3.29bn private equity of Covetrus by Dubilier & Rice,Clayton and TPG
3) L’Oreal and Puig $1bn acquisition deal with Byredo
4) The $263m private equity of Funko by Bob Iger,eBay,Rich Paul and The Chernin Group
5) Hanaco Ventures Capital and Synthesis Capital $250m venture financing deal with Redefine Meat
Verdict deals analysis methodology
This analysis considers only announced and completed 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.