1. Deals Analysis
June 6, 2019

UK consumer industry sees a rise of 6.3% in deal activity in Q1 2019

By Carmen

The UK consumer industry saw a rise of 6.3% in overall deal activity during Q1 2019, when compared with the last four-quarter average, according to GlobalData’s deals database.

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A total of 118 deals worth $6.54bn were announced in Q1 2019, compared to the last four-quarter average of 111 deals.

M&A was the leading category in the quarter with 76 deals which accounted for 64.4% of all deals.

In second place was venture financing with 24 deals, followed by private equity with 18 transactions, respectively accounting for 20.3% and 15.3% of overall deal activity in the country’s consumer industry during the quarter.

In terms of value of deals, M&A was the leading deal category in the UK consumer industry with total deals worth $3.97bn, while private equity and venture financing deals totalled $2.44bn and $137.6m, respectively.

The UK consumer industry deals in Q1 2019: Top deals

The top five consumer deals accounted for 73.9% of the overall value during Q1 2019.

The combined value of the top five consumer industry deals stood at $4.84bn, against the overall value of $6.54bn recorded for the quarter. The top announced UK consumer industry deal tracked by GlobalData in Q1 2019 was Queensgate Investments’s $1.33bn private equity deal with Grange Hotels.

In second place was the $1.27bn acquisition of Dairy Crest Group by Saputo Dairy and in third place was Clayton, Dubilier & Rice’s $1bn private equity deal with Westbury Street Holdings.

The $900m acquisition of Elemis by L’Occitane International and Tyson Foods’ asset transaction with BRF for $340m held fourth and fifth positions, respectively.

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.