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  1. Deals Analysis
November 25, 2022

Consumer industry cross border M&A deals total $3.8bn globally in October 2022

By Carmen

Total consumer industry cross border M&A deals worth $3.8bn were announced globally in October 2022, led by China Resources Beer (Holdings)’s $1.55bn acquisition of 50% stake in Guizhou Jinsha Ancient Wine Wine Industry, according to GlobalData’s deals database.

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The value marked an increase of 12% over the previous month of $3.42bn and a drop of 37.7% when compared with the last 12-month average, which stood at $6.15bn.

Comparing cross border M&A deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $1.57bn. At the country level, the China topped the list in terms of deal value at $1.55bn.

In terms of volumes, Europe emerged as the top region for consumer industry cross border M&A deals globally, followed by North America and then Asia-Pacific.

The top country in terms of cross border M&A deals activity in October 2022 was the US with six deals, followed by the UK with five and Germany with four.

In 2022, as of October, consumer cross border M&A deals worth $56.07bn were announced globally, marking an increase of 24.8% year on year.

consumer industry cross border M&A deals in October 2022: Top deals

The top five cross border M&A deals accounted for 97.7% of the overall value during October 2022.

The combined value of the top five consumer cross border M&A deals stood at $3.74bn, against the overall value of $3.8bn recorded for the month.

The top five consumer industry cross border M&A deals of October 2022 tracked by GlobalData were:

1) China Resources Beer (Holdings)’s $1.55bn acquisition deal for 50% stake in Guizhou Jinsha Ancient Wine Wine Industry

2) The $1.2bn acquisition of Gelnex Industria e Comercio by Darling Ingredients

3) Lamb Weston Holdings’s $686.16m acquisition deal for 50% stake in Lamb Weston Meijer VOF

4) The $200m acquisition of 84% stake in Denali Ingredients by Orkla Food Ingredients

5) Marriott International’s $100m asset transaction deal with Hoteles City Express SAB de CV

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Verdict deals analysis methodology

This analysis considers only announced and completed cross border 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.

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