1. Deals Analysis
June 20, 2019

Retail industry deals in May 2019 total $1.11bn globally

Total retail industry deals for May 2019 worth $1.11bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 78.2% over the previous month and a drop of 81.9% when compared with the last 12-month average of $6.12bn.

In terms of number of deals, the sector saw a drop of 5.1% over the last 12-month average with 111 deals against the average of 117 deals.

In value terms, Asia-Pacific led the activity with deals worth $507.57m.

Retail industry deals in May 2019: Top deals

The top five retail deals accounted for 62.8% of the overall value during May 2019.

The combined value of the top five retail deals stood at $695.28m, against the overall value of $1.11bn recorded for the month. The top announced retail deal tracked by GlobalData in May 2019 was Xtep International’s $260m acquisition of E-Land Footwear USA Holdings.

In second place was the $200m venture financing of Grofers India by KTB Ventures, Sequoia Capital India, SoftBank Vision Fund and Tiger Global Management and in third place was Capital Today, Gaorong Capital, Hillhouse Capital Group, IDG Capital, Sequoia Capital China, Sinovation Ventures and Xiang He Capital’s $126m venture financing of Hangzhou Beiyou Technology.

The $65.79m acquisition of SH Telekommunikation Deutschland by Mobilezone and Fosun Group and Guangdian Capital’s venture financing of JiangSu Crazy Puppy Pet Product (Crazy Dog) for $43.48m held fourth and fifth positions, respectively.

Verdict deals analysis methodology

This analysis considers only announced and completed 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.

 

Verdict deals analysis methodology

This analysis considers only announced and completed 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.