1. Deals Analysis
May 28, 2019

Consumer industry M&A deals in April 2019 total $3.7bn in US

By Carmen

Total consumer industry M&A deals in April 2019 worth $3.7bn were announced in the US, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

The value marked an increase of 24.9% over the previous month and a drop of 49.1% when compared with the last 12-month average of $7.27bn.

The US held an 18.8% share of the global consumer industry M&A deal value that totalled $19.65bn in April 2019.

In terms of deal activity, the US recorded 77 deals during April 2019, marking a decrease of 7.2% over the previous month and a drop of 16.3% over the 12-month average.

The US consumer industry M&A deals in April 2019: Top deals

The top five consumer industry M&A deals accounted for 95.8% of the overall value during April 2019.

The combined value of the top five consumer industry M&A deals stood at $3.54bn, against the overall value of $3.7bn recorded for the month. The top announced consumer industry M&A deal tracked by GlobalData in April 2019 was E. & J. Gallo Winery’s $1.7bn asset transaction with Constellation Brands.

In second place was the $837.46m stake acquisition of Speedway Motorsports by Sonic Financial and in third place was Hard Rock International and VICI Properties’ $745m asset transaction with Jack Entertainment.

The $135m asset transaction with Summit Hotel Properties by Arbor Lodging Partners and LG Household & Health Care’s acquisition of New Avon for $125m 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.