Asia-Pacific’s consumer industry saw a drop of 22.22% in cross border deal activity during August 2022, when compared with the last 12-month average, led by Cooke’s $1.01bn acquisition of Tassal Group, according to GlobalData’s deals database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

A total of 21 consumer industry cross border deals worth $1.2bn were announced for the region in August 2022, against the 12-month average of 27 deals.

Of all the deal types, venture financing saw most activity in August 2022 with 11 transactions, representing a 52.4% share for the region.

In second place was M&A with eight deals, followed by private equity deals with two transactions, respectively capturing a 38.1% and 9.5% share of the overall cross border deal activity for the month.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In terms of value of cross border deals, M&A was the leading category in Asia-Pacific’s consumer industry with $1.04bn, followed by venture financing deals totalled $156.7m.

Asia-Pacific consumer industry cross border deals in August 2022: Top deals

The top five consumer cross border deals accounted for 97.5% of the overall value during August 2022.

The combined value of the top five consumer cross border deals stood at $1.16bn, against the overall value of $1.2bn recorded for the month.

The top five consumer industry cross border deals of August 2022 tracked by GlobalData were:

1) Cooke’s $1.01bn acquisition deal with Tassal Group

2) The $65.5m venture financing of Oatside by GGV Capital and Temasek Holdings (Private)

3) GIC’s $50m venture financing deal with Hector Beverages

4) The $26.27m acquisition of Le Coq Sportif (Ningbo) by Descent

5) DSG Consumer Partners, Sauce.vc, Singularity Growth Opportunities Fund and Trifecta Capital Advisors’s $11m venture financing deal with XYXX ApparelsLtd