Retail industry M&A deals in Q3 2020 total $21.23bn globally

16 November 2020 (Last Updated November 16th, 2020 17:41)

Retail industry M&A deals in Q3 2020 total $21.23bn globally

Total retail industry M&A deals in Q3 2020 worth $21.23bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 471.2% over the previous quarter and a rise of 8.05% when compared with the last four-quarter average, which stood at $19.66bn.

Comparing deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $7.13bn. At the country level, the US topped the list in terms of deal value at $6.23bn.

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

The top country in terms of M&A deals activity in Q3 2020 was the US with 68 deals, followed by Japan with 23 and the UK with 15.

In 2020, as of the end of Q3 2020, retail M&A deals worth $51.99bn were announced globally, marking an increase of 45.1% year on year.

Retail industry M&A deals in Q3 2020: Top deals

The top five retail industry M&A deals accounted for 73.8% of the overall value during Q3 2020.

The combined value of the top five retail M&A deals stood at $15.66bn, against the overall value of $21.23bn recorded for the month.

The top five retail industry deals of Q3 2020 tracked by GlobalData were:

1) EP Global Commerce’s $5.85bn acquisition of Metro

2) The $3.33bn asset transaction with Future Group by Reliance Retail Ventures

3) Meritage Group’s $3bn acquisition of Les Schwab Tire Centers

4) The $1.75bn asset transaction with JC PenneyInc by Brookfield Property Group and Simon Property Group

5) Itochu’s acquisition of FamilyMart for $1.74bn.

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.