Consumer industry M&A deals total $7.08bn in North America in January 2021

Total consumer industry M&A deals worth $7.08bn were announced in North America in January 2021, led by AB Electrolux’s $3.3bn acquisition of GE Appliances, according to GlobalData’s deals database.

The value marked an increase of 88.8% over the previous month of $3.75bn and a rise of 99.4% when compared with the last 12-month average of $3.55bn.

North America held a 90.08% share of the global consumer industry M&A deal value that totalled $7.86bn in January 2021. With an 89.69% share and deals worth $7.05bn, the US was the top country in North America’s M&A deal value across consumer industry.

In terms of M&A deal activity, North America recorded 67 deals during January 2021, marking a decrease of 1.47% over the previous month and a rise of 6.35% over the 12-month average. The US recorded 59 deals during the month.

North America consumer industry M&A deals in January 2021: Top deals

The top five consumer industry M&A deals accounted for 62.1% of the overall value during January 2021.

The combined value of the top five consumer deals stood at $4.4bn, against the overall value of $7.08bn recorded for the month.

The top five consumer industry M&A deals of January 2021 tracked by GlobalData were:

1) AB Electrolux’s $3.3bn acquisition of GE Appliances

2) The $430m acquisition of Welk Hospitality Group by Marriott Vacations Worldwide

3) MGP Ingredients’ $238m acquisition of Luxco

4) The $230m asset transaction with Honeywell International by Rocky Brands

5) Evergreen Hospitality’s acquisition of ASV Group for $204.16m.

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