1. Deals Analysis
April 26, 2021

Consumer industry M&A deals total $355.19m in Europe in March 2021

Total consumer industry M&A deals worth $355.19m were announced in Europe in March 2021, led by Next’s $45.77m acquisition of Reiss, according to GlobalData’s deals database.

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The value marked a decrease of 70.4% over the previous month of $1.2bn and a drop of 78.3% when compared with the last 12-month average of $1.64bn.

Europe held a 10.67% share of the global consumer industry M&A deal value that totalled $3.33bn in March 2021. With a 6.11% share and deals worth $203.42m, 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 71 deals during March 2021, marking an increase of 29.09% over the previous month and a rise of 36.54% over the 12-month average. The UK recorded 27 deals during the month.

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

The top five consumer industry M&A deals accounted for 49.3% of the overall value during March 2021.

The combined value of the top five consumer deals stood at $174.97m, against the overall value of $355.19m recorded for the month.

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

1) Next’s $45.77m acquisition of Reiss

2) The $43m acquisition of Banach Technology by Lockspell

3) Croda International’s $30.15m acquisition of Alban Muller International

4) The $28.3m asset transaction with Trakya ET by Siniora Food Industries

5) BMO Real Estate Partners’ acquisition of Hinton Group for $27.75m.

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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