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Market Data 18.02.2020

Global drinks industry deals total $135.84m in December 2019

Total drinks industry deals for December 2019 worth $135.84m were announced globally, according to GlobalData’s deals database.

Global drinks industry deals total $135.84m in December 2019
(Photo: Global Data)

Total drinks industry deals for December 2019 worth $135.84m were announced globally, according to GlobalData’s deals database.

The value marked a decrease of 70.01 % over the previous month and a drop of 93.3 % when compared with the last 12-month average of $2.02bn.

In terms of number of deals, the sector saw a drop of 31.8 % over the last 12-month average with 30 deals against the average of 44 deals.

In value terms, Asia-Pacific led the activity with deals worth $116.79m.

Drinks industry deals in December 2019: Top deals

The top five drinks deals accounted for 95.7 % of the overall value during December 2019.

The combined value of the top five drinks deals stood at $129.96m, against the overall value of $135.84m recorded for the month.

The top five drinks industry deals of December 2019 tracked by GlobalData were:

  1. Lotte Chilsung Beverage’s $82.15m acquisition of Pepsi-Cola Products Philippines
  2. The $33.78m venture financing of Soulfresh Global by True Capital Partners
  3. Business Growth Fund’s $10.39m private equity deal with Off-Piste Wines
  4. The $2.77m venture financing of Montoscar Enterprises by Diageo
  5. Seedrs’ venture financing of Skinny tonic for $0.86m.
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