Total retail industry deals for Q1 2020 worth $26.25bn were announced globally, according to GlobalData’s deals database.
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The value marked an increase of 24.9% over the previous quarter and a rise of 19.2% when compared with the last four-quarter average of $22.03bn.
In terms of number of deals, the sector saw a drop of 12.1% over the last four-quarter average with 364 deals against the average of 414 deals.
In value terms, Asia-Pacific led the activity with deals worth $18.09bn.
Retail industry deals in Q1 2020: Top deals
The top five retail deals accounted for 60.5% of the overall value during Q1 2020.
The combined value of the top five retail deals stood at $15.89bn, against the overall value of $26.25bn recorded for the month.
The top five retail industry deals of Q1 2020 tracked by GlobalData were:
1) Charoen Pokphand Foods Public’s $10.6bn asset transaction with Tesco
2) The $1.5bn acquisition of Tesco Asia Group by Charoen Pokphand Foods Public
3) LeoChen’s $1.42bn acquisition of Jumei International Holding
4) The $1.4bn merger of Cocokara Fine and Matsumotokiyoshi Holdings by
5) US Foods Holding’s acquisition of Smart Foodservice Warehouse Stores for $970m.
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.
Visit our ‘Retail Deals Dashboard’ for the latest trends in M&A, PE, and VC activity, top deals and advisory league tables in the retail industry.