Total drinks industry M&A deals in Q1 2019 worth $976.97m were announced globally, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

The value marked a decrease of 97.05% over the previous quarter and a drop of 89.8% when compared with the last four-quarter average, which stood at $9.53bn.

Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $566.68m. At the country level, China topped the list in terms of deal value at $328.53m.

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 Q1 2019 was the US with 20 deals, followed by India with five and the UK with five.

In 2019, as of the end of Q1 2019, drinks M&A deals worth $976.97m were announced globally, marking a decrease of 96% year on year.

Drinks industry M&A deals in Q1 2019: Top deals

The top five drinks industry M&A deals accounted for 93.8% of the overall value during Q1 2019.

The combined value of the top five drinks industry M&A deals stood at $915.96m, against the overall value of $976.97m recorded for the quarter. The top announced drinks industry M&A deal tracked by GlobalData in Q1 2019 was Grand Metropolitan International Holdings’ $328.53m acquisition of Sichuan Shujingfang.

In second place was the $326.32m acquisition of The Fuller’s Beer by Asahi Europe and in third place was Heineken International’s $145.87m acquisition of United Breweries.

The $65.24m acquisition of GTNFOODS by Vinamilk and Refresco Gerber’s acquisition of Cott Beverages for $50m held fourth and fifth positions, respectively.

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.