Total consumer industry M&A deals worth $745.4m were announced in Asia-Pacific in April 2021, led by Evolution Gaming Group’s $535.28m acquisition of Big Time Gaming, according to GlobalData’s deals database.
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The value marked a decrease of 77.8% over the previous month of $3.35bn and a drop of 76.9% when compared with the last 12-month average of $3.22bn.
Asia-Pacific held a 3.34% share of the global consumer industry M&A deal value that totalled $22.29bn in April 2021. With a 2.77% share and deals worth $616.79m, Australia 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 33 deals during April 2021, marking a decrease of 31.25% over the previous month and a drop of 28.26% over the 12-month average. Australia recorded eight deals during the month.
Asia-Pacific consumer industry M&A deals in April 2021: Top deals
The top five consumer industry M&A deals accounted for 93.1% of the overall value during April 2021.
The combined value of the top five consumer deals stood at $693.96m, against the overall value of $745.4m recorded for the month.
The top five consumer industry M&A deals of April 2021 tracked by GlobalData were:
1) Evolution Gaming Group $535.28m acquisition deal with Big Time Gaming
2) The $81.51m asset transaction of Lasseters International by Iris Capital (Australia)
3) FGV Integrated Farming Holdings Sdn $42.63m acquisition deal with MSM Perlis Sdn.
4) The $20.67m acquisition of Carsan (Shunde) Manufacturing by Foshan XiongYing Logistics
5) Chuzhou Mirun Technology $13.87m acquisition deal with .Ltd and Shanghai Jiale Corporation
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.