1. Deals Analysis
May 28, 2019

Europe’s consumer industry sees a drop of 5.1% in deal activity in April 2019

By Carmen

Europe’s consumer industry saw a drop of 5.1% in deal activity during April 2019, when compared with the last 12-month average, according to GlobalData’s deals database.

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A total of 112 consumer industry deals worth $2.39bn were announced for the region in April 2019, against the 12-month average of 118 deals.

Of all the deal types, M&A saw most activity in April 2019 with 74 transactions, representing a 66.1% share for the region.

In second place was venture financing with 21 deals, followed by private equity deals with 17 transactions, respectively capturing an 18.8% and 15.2% share of the overall deal activity for the month.

In terms of value of deals, M&A was the leading category in Europe’s consumer industry with $2.19bn, while venture financing and private equity deals totalled $182.39m and $14.01m, respectively.

Europe consumer industry deals in April 2019: Top deals

The top five consumer deals accounted for 70.9% of the overall value during April 2019.

The combined value of the top five consumer deals stood at $1.69bn, against the overall value of $2.39bn recorded for the month. The top announced consumer deal tracked by GlobalData in April 2019 was SeverGroup’s $598.98m stake acquisition of Lenta.

In second place was the $557.12m asset transaction with J Sainsbury and The British Land by Realty Income and in third place was Getaround’s $300m acquisition of Drivy.

The $125m venture financing of Colibri- ManoMano by Aglae Ventures, BPI France, CM-CIC Capital Prive, Eurazeo, General Atlantic, Partech Partners and Piton Capital and Heeton Holdings, Ho Lee Group and KSH Holdings’ asset transaction with L.C. (London) for $110.13m held fourth and fifth positions, respectively.

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.

 

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.