1. Deals Analysis
July 25, 2021

Consumer industry M&A deals total $407.9m in Asia-Pacific in June 2021

Total consumer industry M&A deals worth $407.9m were announced in Asia-Pacific in June 2021, led by Beijing Jinhui Chuangling Technology’s $132.8m acquisition of Shanghai Jiulong Hotel, according to GlobalData’s deals database.

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The value marked a decrease of 81.1% over the previous month of $2.16bn and a drop of 86.3% when compared with the last 12-month average of $2.97bn.

Asia-Pacific held a 14.51% share of the global consumer industry M&A deal value that totalled $2.81bn in June 2021. With an 8.55% share and deals worth $240.35m, China was the top country in Asia-Pacific’s M&A deal value across consumer industry.

In terms of M&A deal activity, Asia-Pacific recorded 24 deals during June 2021, marking an increase of 4.35% over the previous month and a drop of 35.14% over the 12-month average. India recorded six deals during the month.

Asia-Pacific consumer industry M&A deals in June 2021: Top deals

The top five consumer industry M&A deals accounted for 98.8% of the overall value during June 2021.

The combined value of the top five consumer deals stood at $403.04m, against the overall value of $407.9m recorded for the month.

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

1) Beijing Jinhui Chuangling Technology’s $132.8m acquisition of Shanghai Jiulong Hotel

2) The $123.4m acquisition of Falcon Dairy by AustAsia Investment Holdings

3) Fu Jian Anjoy Foods’ $107.55m acquisition of 71% sake in Xinhongye Foods

4) The $36.39m acquisition of Adelaide Hills Group by Mighty Craft

5) IPCA Laboratories’ acquisition of 13.09% stake in Trophic Wellness for $2.9m.

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.