Europe’s consumer industry saw a rise of 23.96% in deal activity during March 2021, when compared with the last 12-month average, led by Hillhouse Capital Group’s $4.38bn acquisition of Philips Domestic Appliances Holding, according to GlobalData’s deals database.

  • 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 119 consumer industry deals worth $5.04bn were announced for the region in March 2021, against the 12-month average of 96 deals.

Of all the deal types, M&A saw most activity in March 2021 with 71 transactions, representing a 59.7% share for the region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was venture financing with 31 deals, followed by private equity deals with 17 transactions, respectively capturing a 26.05% and 14.3% 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 $4.53bn, while M&A and venture financing deals totalled $355.19m and $157.87m, respectively.

Europe consumer industry deals in March 2021: Top deals

The top five consumer deals accounted for 92.5% of the overall value during March 2021.

The combined value of the top five consumer deals stood at $4.67bn, against the overall value of $5.04bn recorded for the month.

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

1) Hillhouse Capital Group’s $4.38bn private equity deal with Philips Domestic Appliances Holding

2) The $154.42m private equity deal with Voyageurs du Monde by BPI France, Certares Management, Credit Mutuel Equity and Nov Tourisme

3) Agronomics, BY Capital Management, DSM Venturing, Humboldt Fund, Jeffrey Leiden, Rick Klausner, Section 32 and Taavet Hinrikus’ $47m acquisition of Meatable

4) The $45.77m venture financing of Reiss by Next

5) Lockspell’s acquisition of Banach Technology for $43m.