Global drinks industry M&A deals total $706.92m in Q2 2020

Total drinks industry M&A deals in Q2 2020 worth $706.92m were announced globally, according to GlobalData’s deals database.

The value marked a decrease of 86.9 per cent over the previous quarter and a drop of 85.8 per cent when compared with the last four-quarter average, which stood at $4.99bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $385.07m. At the country level, the US topped the list in terms of deal value at $385m.

In terms of volumes, North America emerged as the top region for drinks industry M&A deals globally, followed by Asia-Pacific and then Europe.

The top country in terms of M&A deals activity in Q2 2020 was the US with 12 deals, followed by the UK with four and China with four.

In 2020, as of the end of Q2 2020, drinks M&A deals worth $6.09bn were announced globally, marking an increase of 123.5% year on year.

Drinks industry M&A deals in Q2 2020: Top deals
The top five drinks industry M&A deals accounted for 100 per cent of the overall value during Q2 2020.

The combined value of the top five drinks M&A deals stood at $706.85m, against the overall value of $706.92m recorded for the month.

The top five drinks industry deals of Q2 2020 tracked by GlobalData were:

  • Shanghai Yuyuan Tourist Mart’s $265.91m acquisition of Jinhui Liquor
  • The $255m asset transaction with Constellation Brands by SazeracInc
  • E. & J. Gallo Winery’s $130m asset transaction with Constellation Brands
  • The $46.82m acquisition of Tianjin Heavenly Palace Winery by Tianjin Food Group
  • PepsiCo’s acquisition of Rude Health Foods for $9.11