Food industry private equity deals total $918.89m globally in Q1 2021

Total food private equity deals worth $918.89m were announced globally in Q1 2021, with Lindsay Goldberg’s $850m deal with Aryzta’s being biggest investment, according to GlobalData’s deals database.

The value marked a decrease of 16.5% over the previous quarter and a rise of 50.7% when compared with the last four-quarter average, which stood at $609.83m.

Comparing private equity deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $850m. At the country level, the US topped the list in terms of deal value at $850m.

In terms of volumes, Europe emerged as the top region for food industry private equity deals globally, followed by North America and then South and Central America.

The top country in terms of private equity deals activity in Q1 2021 the US with nine deals, followed by the UK with five and Canada with four.

In 2021, at the end of , private equity deals worth $918.89m were announced globally across the food industry, marking an increase of 1097.7% year on year.

private equity deals in food industry in Q1 2021: Top deals

The top three  food industry private equity deals accounted for a 99.9% share of the overall value during Q1 2021.

The combined value of the top three food private equity deals stood at $918.49m, against the overall value of $918.89m recorded for the quarter.

The top three food industry deals of Q1 2021 tracked by GlobalData were:

1) Lindsay Goldberg’s $850m private equity deal with Aryzta

2) The $46.98m private equity deal with Proximar Seafood by DNB Asset Management Holding, Espen Aubert, Grieg Family, Helge Nielsen , Klaveness Marine Finance, Pactum, TD Veen and Tycoon Industrier

3) Proven Investments’ $21.5m private equity deal with Roberts Manufacturing