1. Deals Analysis
September 29, 2021

Consumer industry M&A deals total $629.4m in Europe in August 2021

Total consumer industry M&A deals worth $629.4m were announced in Europe in August 2021, led by Wolverine World Wide’s $410m acquisition of Lady of Leisure Holdings, according to GlobalData’s deals database.

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The value marked an increase of 44.5% over the previous month of $435.47m and a drop of 66.5% when compared with the last 12-month average of $1.88bn.

Europe held a 4.45% share of the global consumer industry M&A deal value that totalled $14.14bn in August 2021. With a 4.34% share and deals worth $614.15m, 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 33 deals during August 2021, marking a decrease of 44.07% over the previous month and a drop of 34.00% over the 12-month average. The UK recorded 11 deals during the month.

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

The top five consumer industry M&A deals accounted for 99.7% of the overall value during August 2021.

The combined value of the top five consumer deals stood at $627.35m, against the overall value of $629.4m recorded for the month.

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

1) Wolverine World Wide $410m acquisition deal with Lady of Leisure Holdings

2) The $121.14m acquisition of Crystal Palace Football Club by John Textor

3) Newlat Food $73.71m acquisition deal with SYMINGTONS

4) The $13.21m acquisition of Vitality and by Midsona

5) Lam Wai Ming $9.29m acquisition deal with Sky Ocean Group

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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