1. Deals Analysis
May 31, 2022

Europe’s consumer industry saw a drop of 29.29% in deal activity during April 2022

By Carmen

Europe’s consumer industry saw a drop of 29.29% in deal activity during April 2022, when compared with the last 12-month average, led by Advent International’s $1.1bn acquisition of Irca, according to GlobalData’s deals database.

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A total of 70 consumer industry deals worth $2.6bn were announced for the region in April 2022, against the 12-month average of 99 deals.

Of all the deal types, M&A saw most activity in April 2022 with 38 transactions, representing a 54.3% share for the region.

In second place was private equity with 16 deals, followed by venture financing deals with 16 transactions, respectively capturing a 22.9% and 22.9% share of the overall deal activity for the month.

In terms of value of deals, private equity was the leading category in Europe’s consumer industry with $2.04bn, while M&A and venture financing deals totalled $373.64m and $208.6m, respectively.

Europe consumer industry deals in April 2022: Top deals

The top five consumer deals accounted for 86.5% of the overall value during April 2022.

The combined value of the top five consumer deals stood at $2.27bn, against the overall value of $2.6bn recorded for the month.

The top five consumer industry deals of April 2022 tracked by GlobalData were:

1) Advent International $1.1bn private equity deal with Irca

2) The $550.76m private equity of Raag Hotels by Special Opportunities 6 Fund

3) Atlas for Men- Management Team and Motion Equity Partners $358.48m private equity deal with Atlas for Men

4) The $150m acquisition of Recipe Products by Helen of Troy Corporate

5) Halo Collective $105.91m acquisition deal with Phytocann Holdings

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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