1. Deals Analysis
December 30, 2020

Europe’s consumer industry saw a drop of 28.57% in cross border deal activity during November 2020

Europe’s consumer industry saw a drop of 28.57% in cross border deal activity during November 2020, when compared with the last 12-month average, led by Croda International ’s $972.92m acquisition of Iberchem, according to GlobalData’s deals database.

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A total of 25 consumer industry cross border deals worth $2.01bn were announced for the region in November 2020, against the 12-month average of 35 deals.

Of all the deal types, M&A saw most activity in November 2020 with 11 transactions, representing a 44% share for the region.

In second place was private equity with nine deals, followed by venture financing deals with five transactions, respectively capturing a 36% and 20% share of the overall cross border deal activity for the month.

In terms of value of cross border deals, M&A was the leading category in Europe’s consumer industry with $1.22bn, while private equity and venture financing deals totalled $737m and $57.13m, respectively.

Europe consumer industry cross border deals in November 2020: Top deals

The top five consumer cross border deals accounted for 96.8% of the overall value during November 2020.

The combined value of the top five consumer cross border deals stood at $1.95bn, against the overall value of $2.01bn recorded for the month.

The top five consumer industry cross border deals of November 2020 tracked by GlobalData were:

1) Croda International ’s $972.92m acquisition of Iberchem

2) The $593.07m private equity deal with Sazka Entertainment by Apollo Global Management

3) Eurazeo PME ’s $136.46m private equity deal with Altair

4) The $130.6m acquisition of Findus Switzerland by Nomad Foods

5) Inspecs’ acquisition of Eschenbach for $112.3m.

Verdict deals analysis methodology

This analysis considers only announced and completed cross border 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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