Total beverage industry deals worth $731.5m were announced globally for August 2022, with PepsiCo’s $550m acquisition of an 8.5% stake in Celsius Holdings being the sector’s biggest investment, according to GlobalData’s deals database.
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The value marked an increase of 33.7% over the previous month of $547.09m and a drop of 50.9% when compared with the last 12-month average of $1.49bn.
In terms of number of deals, the sector saw a drop of 17.78% with 37 deals in August 2022 when compared to the last 12-month average of 45 deals.
In value terms, North America led the activity with deals worth $619.09m in August 2022.
Beverage industry deals in August 2022: Top deals
The top five deals accounted for 94.1% of the overall value during August 2022.
The combined value of the top five deals stood at $688.35m, against the overall value of $731.5m recorded for the month.
The top five beverage industry deals of August 2022 tracked by GlobalData were:
1) PepsiCo’s $550m acquisition deal for 8.5% stake in Celsius Holdings
2) The $50m venture financing of Hector Beverages by GIC
3) CC Beverages Holdings II and Coca-Cola HBC’s $45.85m acquisition deal with ESM Effervescent Sodas Management
4) The $27.5m acquisition of Laird Superfood by EF Hutton SPV I
5) Davide Campari-Milano’s $15m acquisition of 15% stake in Howler Head
