1. Deals Analysis
May 11, 2021

Consumer industry private equity deals total $11.05bn in Europe in Q1 2021

Total consumer industry private equity deals worth $11.05bn were announced in Europe in Q1 2021, with Financiere Agache and L Catterton’s $4.8bn deal for majority stake with Birkenstock Orthopadie GmbHKG being the sector’s biggest investment, according to GlobalData’s deals database.

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The value marked an increase of 400% over the previous quarter and a rise of 231.8% when compared with the last four-quarter average of $3.33bn.

Europe held a 31.86% share of the global consumer industry private equity deal value that totalled $34.68bn in Q1 2021. With a 13.84% share and deals worth $4.8bn, Germany was the top country in Europe’s private equity deal value across consumer industry.

In terms of deal activity, Europe recorded 62 deals during Q1 2021, marking a decrease of 8.82% over the previous quarter and a rise of 28.50% over the last four-quarter average. The UK recorded 22 deals during the month.

Europe consumer industry private equity deals in Q1 2021: Top deals

The top five consumer industry private equity deals accounted for 97.6% of the overall value during Q1 2021.

The combined value of the top five private equity deals stood at $10.78bn, against the overall value of $11.05bn recorded for the quarter.

The top five consumer industry deals of Q1 2021 tracked by GlobalData were:

1) Financiere Agache and L Catterton’s $4.8bn private equity deal for majority stake with Birkenstock Orthopadie GmbHKG

2) The $4.38bn private equity deal with Philips Domestic Appliances Holding by Hillhouse Capital Group

3) The Blackstone Group’s $1.23bn private equity deal with Bourne Leisure

4) The $220.5m private equity deal for two student accommodation assets by Ares Real Estate Group and Generation Partners

5) Naxicap Partners’ $155.54m private equity deal for 62.23% stake with Eurogerm

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.