1. Deals Analysis
May 20, 2021

North America’s consumer industry saw a rise of 19.05% in cross border deal activity during April 2021

North America’s consumer industry saw a rise of 19.05% in cross border deal activity during April 2021, when compared with the last 12-month average, led by Nestle’s $5.75bn acquisition of The Bountiful, 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 25 consumer industry cross border deals worth $11.9bn were announced for the region in April 2021, against the 12-month average of 21 deals.

Of all the deal types, M&A saw most activity in April 2021 with 20 transactions, representing an 80% share for the region.

In second place was venture financing with three deals, followed by private equity deals with two transactions, respectively capturing a 12% and 8% 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 $9.88bn, while private equity and venture financing deals totalled $2bn and $42.6m, respectively.

North America consumer industry cross border deals in April 2021: Top deals

The top five consumer cross border deals accounted for 98.9% of the overall value during April 2021.

The combined value of the top five consumer cross border deals stood at $11.79bn, against the overall value of $11.9bn recorded for the month.

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

1) Nestle’s $5.75bn acquisition of The Bountiful

2) The $3.63bn acquisition deal with Broan-Nutone and Nortek Global HVAC. by Madison Industries

3) Centroid Investment Partners’ $2bn private equity deal with Taylor Made Golf

4) The $370m acquisition of JLab Audio by Noritsu Koki

5) The Valens’ acquisition of Green Roads CBD for $40m.

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.

Topics in this article: