Total Consumer industry M&A deals worth $20.2bn were announced globally in May 2022, led by Philip Morris International’s $17.33bn acquisition of Swedish Match, according to GlobalData’s deals database.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

  • 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 an increase of 558% over the previous month of $3.07bn and a rise of 122.5% when compared with the last 12-month average, which stood at $9.08bn.

Comparing M&A deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $18.52bn. At the country level, the Sweden topped the list in terms of deal value at $18.35bn.

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

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

The top country in terms of M&A deals activity in May 2022 was the US with 45 deals, followed by the China with eight and Canada with seven.

In 2022, as of May, Consumer M&A deals worth $36.68bn were announced globally, marking an increase of 29% year on year.

Consumer industry M&A deals in May 2022: Top deals

The top five M&A deals accounted for 93.9% of the overall value during May 2022.

The combined value of the top five Consumer M&A deals stood at $18.97bn, against the overall value of $20.2bn recorded for the month.

The top five Consumer industry M&A deals of May 2022 tracked by GlobalData were:

1) Philip Morris International $17.33bn acquisition deal with Swedish Match

2) The $1bn acquisition of Byredo by L’Oreal and Puig

3) China Mengniu Dairy $241.25m acquisition of 20% stake in Inner Mongolia Mengniu Dairy (Group)

4) The $222m acquisition of Dippin’? Dots by J&J Snack Foods

5) China Mengniu Dairy $181.42m acquisition of 20% stake in Yashili International Holdings