Total consumer industry M&A deals in December 2019 worth $40.21 billion were announced globally, according to GlobalData’s deals database.
The value marked an increase of 296.5% over the previous month and a rise of 114.1% when compared with the last 12-month average, which stood at $18.78 billion.
Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $36.06 billion. At the country level, the US topped the list in terms of deal value at $33.58 billion.
In terms of volumes, North America emerged as the top region for consumer industry M&A deals globally, followed by Europe and then Asia-Pacific.
The top country in terms of M&A deals activity in December 2019 was the US with 82 deals, followed by the UK with 23 and Germany with 12.
In 2019, as of the end of December 2019, consumer M&A deals worth $241.07 billion were announced globally, marking a decrease of 11.8% year on year.
Consumer industry M&A deals in December 2019: Top deals
The top five consumer industry M&A deals accounted for 86.1% of the overall value during December 2019.
The combined value of the top five consumer M&A deals stood at $34.64 billion, against the overall value of $40.21 billion recorded for the month.
The top five consumer industry deals of December 2019 tracked by GlobalData were:
- $26.2 billion merger of DuPont Nutrition Biosciences and International Flavors & Fragrances
- The $4 billion asset transaction with Nestle by Froneri International
- Cineworld Group’s $2.13bn acquisition of Cineplex
- The $1.32 billion acquisition of Orbis by AccorInvest
- Asbury Automotive Group’s asset transaction with Park Place Motorcars for $1 billion.