Retail industry deals top $2.7bn in December

December saw $2.78 billion worth of retail industry mergers and acquisitions (M&A), according to GlobalData.

The data platform’s deals database registered an increase of 127.7 per cent in the last month of 2019, compared to the previous month, although this represented a fall of 41.5 per cent compared to the previous 12-month average, which stood at $4.75 billion.

Europe emerged as the top region for the volume of retail industry M&A deals globally, followed by North America and Asia-Pacific.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $2.22 billion. The US also had the highest deal value at $2.19 billion.

The top country in terms of M&A deals activity in December was the US with 21 deals, followed by the UK with 10 and Australia with five.

In 2019 overall, retail M&A deals worth $57.94 billion were announced globally, marking a fall of 4.8 per cent year-on-year.

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

1. Asbury Automotive Group’s $1 billion asset transaction with Park Place Motorcars.
2. The $738.27 million acquisition of Diplomat Pharmacy by OptumRx.
3. Franchise Group’s $450 million acquisition of American Freight Group.
4. The $115.71 million acquisition of Lawson by KDDI.
5. Yorkshire Purchasing Organisation’s acquisition of Findel Education for $66.64 million.

    Share Story:

Recent Stories

Find out how HULFT can help you manage data, integration, supply chain automation and digital transformation across your retail enterprise.
Talking shop: retail technology solutions from Brother
Retail Systems editor Peter Walker sits down with Brother’s senior commercial client manager Jessica Stansfield to talk through the company’s solutions for retailers and hospitality businesses, what’s new in labelling technology, and the benefits of outsourcing printing.