Total beverage industry M&A deals worth $679.3m were announced in North America in Q3 2022, led by PepsiCo’s $550m acquisition of 8.5% stake in Celsius Holdings, according to GlobalData’s deals database.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
The value marked an increase of 57% over the previous quarter and a rise of 89.2% when compared with the last four-quarter average of $359m.
North America held a 26.85% share of the global beverage industry M&A deal value that totalled $2.53bn in Q3 2022. With a 25.48% share and deals worth $644.76m, the US was the top country in North America’s M&A deal value across beverage industry.
In terms of deal activity, North America recorded 28 deals during Q3 2022, marking a decrease of 24.32% over the previous quarter and a drop of 9.68% over the last four-quarter average. The US recorded 23 deals during the quarter.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataNorth America beverage industry M&A deals in Q3 2022: Top deals
The top five beverage industry M&A deals accounted for 99% of the overall value during Q3 2022.
The combined value of the top five M&A deals stood at $672.14m, against the overall value of $679.3m recorded for the quarter.
The top five beverage industry deals of Q3 2022 tracked by GlobalData were:
1) PepsiCo’s $550m acquisition deal for 8.5% stake in Celsius Holdings
2) The $46m acquisition of Royal Crown Cola International by Macay Holdings
3) Royal Unibrew’s $33.64m acquisition deal with Amsterdam Brewery
4) The $27.5m acquisition of Laird Superfood by EF Hutton SPV I
5) Davide Campari-Milano’s $15m acquisition deal for 15% stake in Howler Head
