1. Deals Analysis
May 31, 2022

Consumer industry M&A deals total $373.6m in Europe in April 2022

By Carmen

Total consumer industry M&A deals worth $373.6m were announced in Europe in April 2022, led by Helen of Troy Corporate’s $150m acquisition of Recipe Products, according to GlobalData’s deals database.

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The value marked an increase of 171.5% over the previous month of $137.61m and a drop of 90.3% when compared with the last 12-month average of $3.85bn.

Europe held a 12.21% share of the global consumer industry M&A deal value that totalled $3.06bn in April 2022. With a 7.39% share and deals worth $226.21m, 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 38 deals during April 2022, marking a decrease of 7.32% over the previous month and a drop of 26.92% over the 12-month average. The UK recorded ten deals during the month.

Europe consumer industry M&A deals in April 2022: Top deals

The top five consumer industry M&A deals accounted for 84.05% of the overall value during April 2022.

The combined value of the top five consumer deals stood at $314.05m, against the overall value of $373.6m recorded for the month.

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

1) Helen of Troy Corporate $150m acquisition deal with Recipe Products

2) The $105.91m acquisition of Phytocann Holdings by Halo Collective

3) Luxottica Group $31.98m acquisition deal for 90.9% stake in Giorgio Fedon & Figli

4) The $22.13m acquisition of Go Superfoods by Humble Group

5) Online Brands Nordic $4.04m acquisition deal with Nordic KidsWear

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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