Led by $1.3bn acquisition of S.A. de and Ricolino, North America’s consumer industry saw a drop of 22.29% in cross border deal activity during Q2 2022, when compared to the last four-quarter average, 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 68 cross border deals worth $3.8bn were announced for the region during Q2 2022, against the last four-quarter average of 87.50 deals.
Of all the deal types, venture financing saw most activity in Q2 2022 with 33 deals, representing a 48.5% share for the region.
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 second place was M&A with 28 deals, followed by private equity deals with seven transactions, respectively capturing a 41.2% and 10.3% share of the overall cross border deal activity for the quarter.
In terms of value of cross border deals, M&A was the leading category in North America’s consumer industry with $2.28bn, while venture financing and private equity deals totalled $817.44m and $688m, respectively.
North America consumer industry cross border deals in Q2 2022: Top deals
The top five consumer cross border deals accounted for a 73.9% share of the overall value during Q2 2022.
The combined value of the top five cross border deals stood at $2.79bn, against the overall value of $3.8bn recorded for the quarter.
1) Mondelez International $1.3bn acquisition deal with S.A. de and Ricolino
2) The $650m private equity of Ergotron by The Sterling Group
3) Abu Dhabi Growth Fund (ADG),Baillie Gifford UK Growth Trust,Bill Gates,Cargill,Cercano Management,Christiana Musk,CPT Capital,Givaudan,IndieBio,John Doerr,Kimbal Musk,Norwest Venture Partners,SALT Fund,SoftBank Vision Fund 2,Synthesis Capital,Temasek Holdings (Private) and Tyson Foods $400m venture financing deal with Upside Foods
4) The $233m acquisition of Indesit International and Whirlpool by Arcelik
5) Jamieson Wellness $210m acquisition deal with Nutrawise Health & Beauty dba