European consumer goods companies are on top of cross-border jobs in October 2022 | So Good News

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European retail companies fell by 32.08% in cross-border jobs in October 2022, compared to the average of the previous 12 months, led by Lamb Weston Holdings’ $ 686.16m acquisition of 50% in Lamb Weston Meijer VOF, according to GlobalData’s. does the database.
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A total of 36 cross-border investment deals worth $1bn were announced in the region in October 2022, against 12 months of 53 deals.
Among all business types, M&A saw the most activity in October 2022 with 26 transactions, representing a 72.2% share in the region.
In the second place there were business funds and six contracts, followed by private businesses and four transactions, respectively taking a share of 16.7% and 11.1% of the total cross-border activity in the month.
In terms of cross-border business value, M&A was the leading group in the European consumer market with $751.5m, while private equity and venture capital accounted for $210.19m and $75.63m, respectively.
European retail companies cross borders in October 2022: Top deals
The top five cross-border consumer transactions accounted for 93.9% of total value in October 2022.
The combined value of the top five cross-border consumer contracts reached $973.98m, against a total value of $1bn recorded for the month.
The top five cross-border businesses for October 2022 tracked by GlobalData were:
1) Lamb Weston Holdings’ $686.16m purchase of a 50% stake in Lamb Weston Meijer VOF
2) Private investment of $150m for Putshack by BlackRock and Promethean Investments
3) Sofival and Three Hills Capital Partners are private investors of $60.19m and Castellet Hospitality.
4) $47.7m investment for Gourmey Foods by Air Street Capital, Beyond capital ventures, Discovery Ventures, Earlybird Ventures, Fidji Simo, Heartcore Capital, Keen Venture Partners, Omnes Capital, Partech Partners, Point Nine Capital and Thia Ventures.
5) Purchase of Camplify for $29.93m by PaulCamper and PaulCamper Insurance Broker
Decision making is a process analysis
This analysis only considers declared and completed outputs within GlobalData’s scope and excludes all terminated and false positives. Country and industry are defined according to the headquarters and major companies of the target company. The term ‘purchase’ refers to both the completed transaction and the content of the transaction.
GlobalData tracks real-time information about mergers and acquisitions, private equity/investment capital and global transactions from thousands of corporate websites and other reliable sources.
In-depth reports and analysis of all reported data are available to subscribers to the GlobalData database.
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