Europe’s consumer industry saw a drop of 36.59% in cross border deal activity during August 2021, when compared with the last 12-month average, led by Wolverine World Wide’s $410m acquisition of Lady of Leisure Holdings, according to GlobalData’s deals database.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
A total of 26 consumer industry cross border deals worth $704.6m were announced for the region in August 2021, against the 12-month average of 41 deals.
Of all the deal types, M&A saw most activity in August 2021 with 18 transactions, representing a 69.2% share for the region.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataIn second place was venture financing with five deals, followed by private equity deals with three transactions, respectively capturing a 19.2% and 11.5% 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 $618.29m, while venture financing and private equity deals totalled $86.34m and $0m, respectively.
Europe consumer industry cross border deals in August 2021: Top deals
The top five consumer cross border deals accounted for 96.6% of the overall value during August 2021.
The combined value of the top five consumer cross border deals stood at $680.62m, against the overall value of $704.6m recorded for the month.
The top five consumer industry cross border deals of August 2021 tracked by GlobalData were:
1) Wolverine World Wide $410m acquisition deal with Lady of Leisure Holdings
2) The $121.14m acquisition of Crystal Palace Football Club by John Textor
3) Newlat Food $73.71m acquisition deal with SYMINGTONS
4) The $54.78m venture financing of Dogmates by Five Seasons Ventures,Passion Capital and White Star Capital
5) ACE &,Be8 Ventures Management,Good Seed Ventures,Gullspang Re:Food,Joyance Partners,Movendo Capital and Vorwerk Ventures $20.98m venture financing deal with Planted Foods
