1. Deals Analysis
March 29, 2022

North America’s consumer industry saw a rise of 13.79% in cross border deal activity during February 2022

By Carmen

North America’s consumer industry saw a rise of 13.79% in cross border deal activity during February 2022, when compared with the last 12-month average, led by Shinsegae Property’s $248.67m acquisition of Shafer Vineyards, according to GlobalData’s deals database.

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A total of 33 consumer industry cross border deals worth $716.6m were announced for the region in February 2022, against the 12-month average of 29 deals.

Of all the deal types, M&A saw most activity in February 2022 with 15 transactions, representing a 45.5% share for the region.

In second place was venture financing with 11 deals, followed by private equity deals with seven transactions, respectively capturing a 33.3% and 21.2% 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 North America’s consumer industry with $623.31m, while venture financing and private equity deals totalled $72.44m and $20.84m, respectively.

North America consumer industry cross border deals in February 2022: Top deals

The top five consumer cross border deals accounted for 88.9% of the overall value during February 2022.

The combined value of the top five consumer cross border deals stood at $637.11m, against the overall value of $716.6m recorded for the month.

The top five consumer industry cross border deals of February 2022 tracked by GlobalData were:

1) Shinsegae Property $248.67m acquisition deal with Shafer Vineyards

2) The $228.25m acquisition of SHINSEGAE FOOD by Emart America

3) Kerry Group $70.19m acquisition deal with S.A.de and ENMEX

4) The $50m acquisition of Legacy Converting by Essity

5) Dazzle Fashion,M31 Capital,QY Capital and Sequoia China Investment Management $40m venture financing deal with Starter

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.

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