19th November 2019 – Total drinks industry M&A deals in Q3 2019 worth $12.32bn were announced globally, according to GlobalData’s deals database.
The value marked an increase of 484.4% over the previous quarter and a rise of 212.5% when compared with the last four-quarter average, which stood at $3.94bn.
Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $11.5bn. At the country level, Australia topped the list in terms of deal value at $11.3bn.
In terms of volumes, North America emerged as the top region for drinks industry M&A deals globally, followed by Europe and then Asia-Pacific.
The top country in terms of M&A deals activity in Q3 2019 was the US with 22 deals, followed by Australia with nine and Canada with six.
In 2019, as of the end of Q3 2019, drinks M&A deals worth $15.64bn were announced globally, marking a decrease of 51% year on year.
Drinks industry M&A deals in Q3 2019: Top deals
The top five drinks industry M&A deals accounted for 97.4% of the overall value during Q3 2019.
The combined value of the top five drinks M&A deals stood at $12bn, against the overall value of $12.32bn recorded for the month.
The top five drinks industry deals of Q3 2019 tracked by GlobalData were:
- Asahi Group Holdings’ $11.3bn acquisition of Carlton & United Breweries
- The $266m asset transaction with Black Velvet Distilling by Heaven Hill Brands
- Pernod Ricard’s $223m acquisition of Castle Brands
- The $113m acquisition of Cameron’s Specialty Coffee by Grupo Nutresa
- Coca-Cola HBC Italia’s acquisition of Acque Minerali for $97.11m
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