1. Deals Analysis
July 22, 2021

Europe’s consumer industry saw a rise of 50.00% in cross border deal activity during June 2021

Europe’s consumer industry saw a rise of 50% in cross border deal activity during June 2021, when compared with the last 12-month average, led by Brunswick’s $1.05bn acquisition of Navico Holding, according to GlobalData’s deals database.

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A total of 54 consumer industry cross border deals worth $2.5bn were announced for the region in June 2021, against the 12-month average of 36 deals.

Of all the deal types, M&A saw most activity in June 2021 with 26 transactions, representing a 48.2% share for the region.

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In second place was venture financing with 18 deals, followed by private equity deals with ten transactions, respectively capturing a 33.3% and 18.5% 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 $1.36bn, while venture financing and private equity deals totalled $893.7m and $236.55m, respectively.

Europe consumer industry cross border deals in June 2021: Top deals

The top five consumer cross border deals accounted for 88.5% of the overall value during June 2021.

The combined value of the top five consumer cross border deals stood at $2.2bn, against the overall value of $2.5bn recorded for the month.

The top five consumer industry cross border deals of June 2021 tracked by GlobalData were:

1) Brunswick’s $1.05bn acquisition of Navico Holding

2) The $650m venture financing deal with FlixMobility by Baillie Gifford, BlackRock, Canyon Partners, General Atlantic, HV Capital Adviser, Permira Holdings, Silver Lake Partners and TCMI

3) Ares Management’s $215.96m private equity deal with Atletico HoldCo

4) The $183.16m acquisition of Always Pure Organics by ST Brands

5) The Kraft Heinz’s acquisition of Assanfoods for $100m.

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