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

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.

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