UK consumer industry sees a drop of 1.5% in deal activity in Q1 2020

24 April 2020 (Last Updated April 24th, 2020 15:45)

UK consumer industry sees a drop of 1.5% in deal activity in Q1 2020

The UK consumer industry saw a drop of 1.5% in overall deal activity during Q1 2020, when compared with the last four-quarter average, according to GlobalData’s deals database.

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A total of 132 deals worth $9.59bn were announced in Q1 2020, compared to the last four-quarter average of 134 deals.

M&A was the leading category in the quarter with 69 deals which accounted for 52.3% of all deals.

In second place was venture financing with 45 deals, followed by private equity with 18 transactions, respectively accounting for 34.1% and 13.6% 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 $6.33bn, while private equity and venture financing deals totalled $3.17bn and $93.1m, respectively.

The UK consumer industry deals in Q1 2020: Top deals

The top five consumer deals accounted for 71.5% of the overall value during Q1 2020.

The combined value of the top five consumer deals stood at $6.86bn, against the overall value of $9.59bn recorded for the month.

The top five consumer industry deals of Q1 2020 tracked by GlobalData were:

1) The Blackstone Group’s $6.03bn private equity deal with IQSA Services

2) The $262.03m asset transaction with Principal Real Estate Europe by AXA Investment Managers

3) Dragoneer Investment Group and Tencent Holdings’ $250m private equity deal with Farfetch

4) The $162.09m asset transaction with Stiefel Consumer Healthcare by LG Household & Health Care

5) GIC’s acquisition of Cineworld Group for $151.37m.

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.