Total consumer industry cross border M&A deals worth $1.4bn were announced in Europe in June 2021, led by Brunswick’s $1.05bn acquisition of Navico Holding, according to GlobalData’s deals database.

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The value marked a decrease of 41.6% over the previous month of $2.33bn and a rise of 27.1% when compared with the last 12-month average of $1.07bn.

Europe held a 76.40% share of the global consumer industry cross border M&A deal value that totalled $1.78bn in June 2021. With a 58.99% share and deals worth $1.05bn, Norway was the top country in Europe’s cross border M&A deal value across consumer industry.

In terms of cross border M&A deal activity, Europe recorded 26 deals during June 2021, marking a decrease of 10.34% over the previous month and a rise of 30.00% over the 12-month average. The UK recorded six deals during the month.

Europe consumer industry cross border M&A deals in June 2021: Top deals

The top three consumer industry cross border M&A deals accounted for 97.7% of the overall value during June 2021.

The combined value of the top three consumer cross border deals stood at $1.33bn, against the overall value of $1.36bn recorded for the month.

The top three  consumer industry cross border M&A deals of June 2021 tracked by GlobalData were:

1) Brunswick’s $1.05bn acquisition of Navico Holding

2) The $183.16m acquisition of Always Pure Organics by ST Brands

3) The Kraft Heinz’s $100m acquisition of Assanfoods.