Consumer industry cross border M&A deals total $3.2bn in Europe in September 2022

Total consumer industry cross border M&A deals worth $3.2bn were announced in Europe in September 2022, led by Pandox’s $45.06m asset transaction deal with Starwood Capital Group Management, according to GlobalData’s deals database.

The value marked an increase of 181.6% over the previous month of $1.14bn and a drop of 35.4% when compared with the last 12-month average of $4.97bn.

Europe held a 94.13% share of the global consumer industry cross border M&A deal value that totalled $3.41bn in September 2022. With a 92.67% share and deals worth $3.16bn, the UK was the top country in Europe’s cross border M&A deal value across consumer industry.

In terms of cross border M&A deal activity, Europe recorded 29 deals during September 2022, marking an increase of 31.82% over the previous month and a drop of 12.12% over the 12-month average. The UK recorded eight deals during the month.

Europe consumer industry cross border M&A deals in September 2022: Top deals

The top three consumer industry cross border M&A deals accounted for 2.8% of the overall value during September 2022.

The combined value of the top three consumer cross border deals stood at $89.24m, against the overall value of $3.2bn recorded for the month.

The top three consumer industry cross border M&A deals of September 2022 tracked by GlobalData were:

1) Pandox’s $45.06m asset transaction deal with Starwood Capital Group Management

2) The $44m asset transaction deal with HR Group by Wyndham Hotels & Resorts

3) Epsilon Net’s $0.18m acquisition deal  for 55% stake in HotelonCloud

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