Asia-Pacific’s food industry saw a drop of 13.79% in deal activity during February 2022, when compared with the last 12-month average, led by Alpha JWC Ventures, Bits x Bites, EDBI, GGV Capital, K3 Ventures, MPL Ventures and Temasek Investments’ $100m venture financing deal with Next Gen Foods, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

A total of 25 food industry deals worth $142.7m were announced for the region in February 2022, against the 12-month average of 29 deals.

Of all the deal types, venture financing saw most activity in February 2022 with 17 transactions, representing a 68% share for the region.

In second place was M&A with five deals, followed by private equity deals with three transactions, respectively capturing a 20% and 12% share of the overall deal activity for the month.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In terms of value of deals, venture financing was the leading category in Asia-Pacific’s food industry with $140.71m, followed by M&A deals totalled $1.97m.

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

The top five food deals accounted for 94.7% of the overall value during February 2022.

The combined value of the top five food deals stood at $135.18m, against the overall value of $142.7m recorded for the month.

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

1) Alpha JWC Ventures,Bits x Bites,EDBI,GGV Capital,K3 Ventures,MPL Ventures and Temasek Investments $100m venture financing deal with Next Gen Foods

2) The $26.01m venture financing of DAIZ by Global Brain,Investment Lab,Marui Group,Mitsubishi Chemical,Nisshin Foods Holdings,Sumitomo Mitsui Marine Capital,T Hasegawa,The Monogatari and Toyo Seikan Group Holdings

3) Fanhua $5.53m venture financing deal with Degishi Catering

4) The $1.97m acquisition of 24% stake in Guangdong Dishengli Green Food by Guangdong Dcenti Auto Parts

5) CJ CheilJedang,Partech Ventures and Strong Ventures $1.66m venture financing deal with Econique