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  1. Deals Analysis
May 24, 2022

Asia-Pacific’s food industry saw a drop of 13.33% in deal activity during April 2022

By Carmen

Asia-Pacific’s food industry saw a drop of 13.33% in deal activity during April 2022, when compared with the last 12-month average, led by Hahn &’s $60.75m private equity deal for 95% stake in MyChef, according to GlobalData’s deals database.

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A total of 26 food industry deals worth $186.6m were announced for the region in April 2022, against the 12-month average of 30 deals.

Of all the deal types, M&A saw most activity in April 2022 with 12 transactions, representing a 46.2% share for the region.

In second place was venture financing with 12 deals, followed by private equity deals with two transactions, respectively capturing a 46.2% and 7.7% share of the overall deal activity for the month.

In terms of value of deals, M&A was the leading category in Asia-Pacific’s food industry with $99.9m, while private equity and venture financing deals totalled $60.75m and $25.99m, respectively.

Asia-Pacific food industry deals in April 2022: Top deals

The top five food deals accounted for 91.2% of the overall value during April 2022.

The combined value of the top five food deals stood at $170.27m, against the overall value of $186.6m recorded for the month.

The top five food industry deals of April 2022 tracked by GlobalData were:

1) Hahn & $60.75m private equity deal for 95% stake in MyChef

2) The $51.89m acquisition of Savi Jana Sea Foods by Adani Ports and Special Economic Zone

3) S Food $38m acquisition deal with Rosen Cheese & Food

4) The $11.53m venture financing of Nanjing no boundaries Restaurant Management by JIAYU Capital

5) BNK Venture Capital,Nau Ib Capital,Ryukyung PSG Asset Management and Strong Ventures $8.1m venture financing deal with Cellmeat

Related Companies

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.

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