UK consumer industry sees a drop of 26.2% in deal activity in Q3 2020

30 October 2020 (Last Updated October 30th, 2020 09:33)

UK consumer industry sees a drop of 26.2% in deal activity in Q3 2020

The UK consumer industry saw a drop of 26.2% in overall deal activity during Q3 2020, when compared with the last four-quarter average, according to GlobalData’s deals database.

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A total of 96 deals worth $4.12bn were announced in Q3 2020, compared to the last four-quarter average of 130 deals.

M&A was the leading category in the quarter with 46 deals which accounted for 47.9% of all deals.

In second place was venture financing with 36 deals, followed by private equity with 14 transactions, respectively accounting for 37.5% and 14.6% 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 $3.74bn, while private equity and venture financing deals totalled $256.16m and $124.6m, respectively.

The UK consumer industry deals in Q3 2020: Top deals

The top five consumer deals accounted for 93.7% of the overall value during Q3 2020.

The combined value of the top five consumer deals stood at $3.86bn, against the overall value of $4.12bn recorded for the month.

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

1) Apollo Global Management and Caesars Entertainment’s $3.69bn private equity deal with William Hill

2) The $92.79m asset transaction with John Lewis Partnership by Supermarket Income REIT

3) Medline Industries’ $29m asset transaction with ConvaTec Group

4) The $26.69m acquisition of Debenhams by Reliance Industries

5) BGF Investment Management’s private equity deal with Yorkshire Wildlife Park for $20.11m.

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.