In the global beverage industry, there were 9 private equity deals announced in Q3 2023, worth a total value of $1.9bn, according to GlobalData’s Deals Database. The $1.8bn institutional buy-out (ibo) Coca-Cola Beverages Philippines by Aboitiz Equity Ventures and Coca-Cola Europacific Partners was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes and the Private Equity deal activity are included in GlobalData’s Consumer Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

In value terms, private equity deal activity increased by 28688% in Q3 2023 compared with the previous quarter’s total of $6.6m and rose by 18951% as compared to Q3 2022. Related deal volume decreased by 10% in Q3 2023 versus the previous quarter.

Notably, foreign direct investments (fdi)-related deals accounted for a 44% share of the global beverage industry’s private equity deal activity in Q3 2023, up 300% over the previous quarter.

The top-ranked financial advisors supporting these private equity deals in Q3 2023 were Nomura; CG Sawaya Partners; Clairfield International with 2, 1, 1 deals respectively.

The top-ranked legal advisors supporting these private equity deals in Q3 2023 were Cleary Gottlieb Steen & Hamilton; CMS Legal Services EEIG; Duguit & Associes with 1, 1, 1 deals respectively.

For further understanding of GlobalData's Consumer Goods Industry Mergers And Acquisitions Deals By Top Themes In Q3 2023 – Thematic Intelligence, buy the report here.

This content was updated on 20 October 2023

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