Drinks industry deals in Q2 2020 total $1.15bn globally

Total drinks industry deals for Q2 2020 worth $1.15bn were announced globally, according to GlobalData’s deals database.

The value marked a decrease of 79.7% over the previous quarter and a drop of 78.9% when compared with the last four-quarter average of $5.47bn.

In terms of number of deals, the sector saw a drop of 26% over the last four-quarter average with 97 deals against the average of 131 deals.

In value terms, North America led the activity with deals worth $619.29m.

Drinks industry deals in Q2 2020: Top deals

The top five drinks deals accounted for 70.3% of the overall value during Q2 2020.

The combined value of the top five drinks deals stood at $810.91m, against the overall value of $1.15bn recorded for the month.

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

1) Shanghai Yuyuan Tourist Mart’s $265.91m acquisition of Jinhui Liquor

2) The $255m asset transaction with Constellation Brands by SazeracInc

3) E. & J. Gallo Winery’s $130m asset transaction with Constellation Brands

4) The $100m venture financing of Nayuki by Shenzhen Capital Group

5) Engaged Capital and Oaktree Capital Management’s private equity deal with SunOpta for $60m.

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.