1. Deals Analysis
April 22, 2022

Consumer industry M&A deals total $35.6bn in North America in March 2022

By Nikitha Ladda

Total consumer industry M&A deals worth $35.6bn were announced in North America in March 2022, led by Kids2’s $32.98bn acquisition of Summer Infant, according to GlobalData’s deals database.

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The value marked an increase of 1262.8% over the previous month of $2.61bn and a rise of 778.3% when compared with the last 12-month average of $4.05bn.

North America held a 93.78% share of the global consumer industry M&A deal value that totalled $37.93bn in March 2022. With a 93.73% share and deals worth $35.55bn, the US was the top country in North America’s M&A deal value across consumer industry.

In terms of M&A deal activity, North America recorded 46 deals during March 2022, marking a decrease of 16.36% over the previous month and a drop of 23.33% over the 12-month average. The US recorded 39 deals during the month.

North America consumer industry M&A deals in March 2022: Top deals

The top five consumer industry M&A deals accounted for 100% of the overall value during March 2022.

The combined value of the top five consumer deals stood at $35.56bn, against the overall value of $35.6bn recorded for the month.

The top five consumer industry M&A deals of March 2022 tracked by GlobalData were:

1) Kids2 $32.98bn acquisition deal with Summer Infant

2) The $2bn acquisition of Columbia Care by Cresco Labs

3) Demand Brands $550m acquisition deal with CF3 SPV I

4) The $18m acquisition of Frankies Bikinis by Victoria’s Secret

5) Simply Better Brands $6.32m acquisition deal with Herve Edibles