Europe’s consumer industry saw a rise of 28.21% in cross border deal activity during July 2021, when compared with the last 12-month average, led by CVC Capital Partners (Luxembourg)’s $647m private equity deal with Ebro Foods, according to GlobalData’s deals database.
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A total of 50 consumer industry cross border deals worth $2.4bn were announced for the region in July 2021, against the 12-month average of 39 deals.
Of all the deal types, M&A saw most activity in July 2021 with 24 transactions, representing a 48% share for the region.
In second place was private equity with 13 deals, followed by venture financing deals with 13 transactions, respectively capturing a 26% and 26% share of the overall cross border deal activity for the month.
In terms of value of cross border deals, private equity was the leading category in Europe’s consumer industry with $2.29bn, followed by venture financing deals totalled $153.63m.
Europe consumer industry cross border deals in July 2021: Top deals
The top five consumer cross border deals accounted for 91.3% of the overall value during July 2021.
The combined value of the top five consumer cross border deals stood at $2.23bn, against the overall value of $2.4bn recorded for the month.
The top five consumer industry cross border deals of July 2021 tracked by GlobalData were:
1) Ebro Foods $647m private equity deal with CVC Capital Partners (Luxembourg)
2) The $590.21m private equity of 60% stake in Etro by L Catterton Management
3) Selenta Hospitality Group $519.99m private equity deal with Brookfield Asset Management
4) The $174.38m private equity of Minor International by Azora European Hotel & Lodging Fund
5) Maxbet Romania $296.95m private equity deal with Novalpina Capital
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.