North America’s consumer industry saw a drop of 17.24% in cross border deal activity during June 2022, when compared with the last 12-month average, led by The Sterling Group’s $650m private equity deal with Ergotron, according to GlobalData’s deals database.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
A total of 24 consumer industry cross border deals worth $1.5bn were announced for the region in June 2022, against the 12-month average of 29 deals.
Of all the deal types, M&A saw most activity in June 2022 with ten transactions, representing a 41.7% share for the region.
In second place was venture financing with nine deals, followed by private equity deals with five transactions, respectively capturing a 37.5% and 20.8% share of the overall cross border deal activity for the month.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIn terms of value of cross border deals, private equity was the leading category in North America’s consumer industry with $688m, while M&A and venture financing deals totalled $608.51m and $154.37m, respectively.
North America consumer industry cross border deals in June 2022: Top deals
The top five consumer cross border deals accounted for 84% of the overall value during June 2022.
The combined value of the top five consumer cross border deals stood at $1.22bn, against the overall value of $1.5bn recorded for the month.
The top five consumer industry cross border deals of June 2022 tracked by GlobalData were:
1) The Sterling Group $650m private equity deal with Ergotron
2) The $233m acquisition of Indesit International and Whirlpool by Arcelik
3) Jamieson Wellness $210m acquisition deal with Nutrawise Health & Beauty dba
4) The $85m venture financing deal with Magic Spoon by Amy Schumer,Carter Comstock,Coefficient Capital,Constellation Capital,Halsey,Highpost Capital,Nasir Jones,Russell Westbrook,Shakira,Siddhi Capital and The Chainsmokers
5) AgFunder,Horizons Ventures and S2G Ventures $40m venture financing deal with Atomo Coffee