1. Deals Analysis
March 17, 2021

Consumer industry M&A deals total $1.11bn in Europe in February 2021

Total consumer industry M&A deals worth $1.11bn were announced in Europe in February 2021, led by Greystar Real Estate Partners’ $403.57m asset transaction with KKRInc, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked a decrease of 12.6% over the previous month of $1.27bn and a drop of 46.6% when compared with the last 12-month average of $2.08bn.

Europe held a 14.68% share of the global consumer industry M&A deal value that totalled $7.56bn in February 2021. With a 5.87% share and deals worth $443.57m, the UK was the top country in Europe’s M&A deal value across consumer industry.

In terms of M&A deal activity, Europe recorded 39 deals during February 2021, marking a decrease of 27.78% over the previous month and a drop of 27.78% over the 12-month average. The UK recorded 11 deals during the month.

Europe consumer industry M&A deals in February 2021: Top deals

The top five consumer industry M&A deals accounted for 89.2% of the overall value during February 2021.

The combined value of the top five consumer deals stood at $994.78m, against the overall value of $1.11bn recorded for the month.

The top five consumer industry M&A deals of February 2021 tracked by GlobalData were:

1) Greystar Real Estate Partners’ $403.57m asset transaction with KKRInc

2) The $354.15m acquisition of NutraQ two by Orkla Health

3) Kerry Group’s $106.33m acquisition of Biosearch

4) The $97.08m acquisition of Humble Co by Bayn Europe

5) Jubilant Foodworks Netherlands’ acquisition of Fides Food Systems Cooperatief U.A. for $33.64m.

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.

Topics in this article: