Consumer & Retail M&A: 2021 in review
Source: KPMG analysis for 2020 YTD, Thomson Deals, accessed on 5 Jan 2021.
A look at the numbers in 2021
Global C&R deal volume and value
Financial buyers increased investment in the sector
Retail investment gradually overtakes Food & Beverage
Growth driven by countries making over 50 percent of the D&R deal market
Source: KPMG analysis for 2020, Thomson Deals, accessed on 5 Jan 2021.
Top deals in Food & Beverage and Consumer Products by deal value* (2021)
| Dates | Target | Target sector | Target country | Acquiror | Acquiror country | Value US$ billions* |
|---|---|---|---|---|---|---|
| 30-Dec | Hunter Douglas NV | Consumer Products | Netherlands | 3G Capital Partners LP | US | 5.2 |
| 9-Aug | Sanderson Farms Inc | Food & Beverage | US | Investor Group | US | 4.3 |
| 16-Feb | Nestle Waters North America | Food & Beverage | US | Investor Group | US | 4.3 |
| 11-Feb | Kraft Heinz Co-Planters Snack | Food & Beverage | US | Hormel Foods Corp | US | 3.4 |
| 3-Aug | Tropicana Products Inc | Food & Beverage | US | PAI Partners SAS | France | 3.3 |
Top deals in Retail by deal value* (2021)
| Dates | Target | Target sector | Target country | Acquiror | Acquiror country | Value US$ billions* |
|---|---|---|---|---|---|---|
| 19-Jun | WM Morrison Supermarkets | Grocery Retail | UK | Market Bidco Ltd | UK | 13.6 |
| 17-May | PT Tokopedia | E-retail | Indonesia | PT Aplikasi Karya Anak Bangsa | Indonesia | 7.6 |
| 6-Jan | Walgreens Boots-Division | Other retailing | US | Amerisourcebergen Corp | US | 6.5 |
| 31-Aug | CP Ret HIdg (Lotus Stores) | Cash-and-carry | Thailand | Siam Makro PCL | Thailand | 6.4 |
| 24-Dec | Selfridges Retail Ltd | Retail | UK | Investor Group | Thailand | 5.4 |
Source: KPMG analysis for 2020, Thomson Deals, accessed on 5 Jan 2021.
*Announced Deal Value includes net debt
