Retail industry M&A deals in Q2 2020 total $3.72bn globally

6 August 2020 (Last Updated August 6th, 2020 16:24)
Retail industry M&A deals in Q2 2020 total $3.72bn globally

Total retail industry M&A deals in Q2 2020 worth $3.72bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 88.9% over the previous quarter and a drop of 80.9% when compared with the last four-quarter average, which stood at $19.53bn.

Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $2.06bn. At the country level, China topped the list in terms of deal value at $790.02m.

In terms of volumes, Asia-Pacific emerged as the top region for retail industry M&A deals globally, followed by North America and then Europe.

The top country in terms of M&A deals activity in Q2 2020 was the US with 47 deals, followed by Japan with 19 and China with 15.

In 2020, as of the end of Q2 2020, retail M&A deals worth $26.69bn were announced globally, marking an increase of 93.8% year on year.

Retail industry M&A deals in Q2 2020: Top deals

The top five retail industry M&A deals accounted for 51.5% of the overall value during Q2 2020.

The combined value of the top five retail M&A deals stood at $1.91bn, against the overall value of $3.72bn recorded for the month.

The top five retail industry deals of Q2 2020 tracked by GlobalData were:

1) Arcland Sakamoto’s $480m acquisition of Lixil Viva

2) The $397.77m acquisition of 21 Three ClothingLtd by Boohoo Group

3) The merger of Insurance Acquisition and Shift Technologies for $380m

4) The $365m acquisition of Yixin Group by Tencent Holdings

5) China Duty Free Group’s acquisition of Hainan Duty Free for $290.96m.

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.