1. Deals Analysis
March 21, 2021

Consumer industry M&A deals total $4.43bn in North America in February 2021

Total consumer industry M&A deals worth $4.43bn were announced in North America in February 2021, led by Hormel Foods’ $3.35bn asset transaction with Kraft Heinz, according to GlobalData’s deals database.

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The value marked a decrease of 39.5% over the previous month of $7.32bn and a rise of 28.4% when compared with the last 12-month average of $3.45bn.

North America held a 58.60% share of the global consumer industry M&A deal value that totalled $7.56bn in February 2021. With a 45.24% share and deals worth $3.42bn, 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 42 deals during February 2021, marking a decrease of 44.00% over the previous month and a drop of 32.26% over the 12-month average. The US recorded 35 deals during the month.

North America consumer industry M&A deals in February 2021: Top deals

The top five consumer industry M&A deals accounted for 99.6% of the overall value during February 2021.

The combined value of the top five consumer deals stood at $4.41bn, against the overall value of $4.43bn recorded for the month.

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

1) Hormel Foods’ $3.35bn asset transaction with Kraft Heinz

2) The $1bn acquisition of DECIEM by The Estee Lauder Companies

3) Indus’ $39m asset transaction with The Hacienda Group

4) The $18m acquisition of Sprout Foods by Neptune Wellness Solutions

5) CANADIAN BANK NOTE COMPANY’s acquisition of Bump Worldwide for $7.82m.

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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