Swire Coca-Cola’s $1.02bn acquisition deal with CC Cambodia Holdings and Coca-Cola Indochina was the beverage industry’s biggest cross border deal of Q3 2022 as cross border deals worth $1.8bn were announced globally in the quarter, 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.

The value marked an increase of 229.4% over the previous quarter and a drop of 40.1% when compared with the last four-quarter average of $3.07bn.

In terms of number of cross border deals, the sector saw a drop of 20.99% with 32 deals in Q3 2022 against the average of 40.50 deals in the last four-quarters.

In value terms, Europe led the activity with cross border deals worth $1.11bn.

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.

Company Profile – free sample

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 GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

beverage industry cross border deals in Q3 2022: Top deals

The top five beverage industry cross border deals accounted for 89.6% of the overall value during Q3 2022.

The combined value of the top five cross border deals stood at $1.65bn, against the overall value of $1.8bn recorded for the quarter.

The top five beverage industry cross border deals of Q3 2022 tracked by GlobalData were:

1) Swire Coca-Cola’s $1.02bn acquisition deal with CC Cambodia Holdings and Coca-Cola Indochina

2) The $462.83m acquisition of Guinness Cameroon by Castel Group

3) Goldman Sachs Asset Management, Kaiser Permanente Ventures, Main Street Advisors and Novo Holdings’s $75m venture financing deal with Kate Farms

4) The $50m venture financing of Hector Beverages by GIC

5) Macay Holdings’s $46m acquisition deal with Royal Crown Cola International