In the global beverage industry, there were 57 M&A deals announced in Q1 2024, worth a total value of $223m, according to GlobalData’s Deals Database. The $130m acquisition of Coca-Cola Bangladesh Beverages by CCI International Holland and Coca-Cola Icecek was the industry’s largest disclosed deal. GlobalData’s Consumer Goods Industry Mergers and Acquisitions Deals by Top Themes in Q1 2024 report offers critical insights into the M&A activity in the industry and the key themes driving the top deals. Buy the report here.
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In value terms, M&A activity decreased by 95% in Q1 2024 compared with the previous quarter’s total of $4.6bn and fell by 80% as compared to Q1 2023. Related deal volume increased by 36% in Q1 2024 versus the previous quarter and was 12% lower than in Q1 2023.
Notably, foreign direct investments (fdi)-related deals accounted for a 30% share of the global beverage industry’s M&A activity in Q1 2024, up 42% over the previous quarter.
The top-ranked financial advisors supporting these M&A deals in Q1 2024 were Moelis & Co; Nomura; Studio Montinari with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Q1 2024 were BonelliErede; Fenwick & West; Pavesio e Associati with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Consumer Goods Industry Mergers And Acquisitions Deals By Top Themes In Q1 2024 – Thematic Intelligence, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.
