Tourism & leisure industry M&A deals in June 2020 total $2.7bn globally

24th July 2020 (Last Updated July 24th, 2020 14:15)

Tourism & leisure industry M&A deals in June 2020 total $2.7bn globally

Total tourism & leisure industry M&A deals in June 2020 worth $2.7bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 1865.04% over the previous month and a drop of 51.1% when compared with the last 12-month average, which stood at $5.51bn.

Comparing deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $2.32bn. At the country level, Sweden topped the list in terms of deal value at $2.32bn.

In terms of volumes, North America emerged as the top region for tourism & leisure industry M&A deals globally, followed by Europe and then Asia-Pacific.

The top country in terms of M&A deals activity in June 2020 was the US with 16 deals, followed by the UK with six and Japan with four.

In 2020, as of the end of June 2020, tourism & leisure M&A deals worth $16.58bn were announced globally, marking a decrease of 58.3% year on year.

Tourism & leisure industry M&A deals in June 2020: Top deals

The top five tourism & leisure industry M&A deals accounted for 99.8% of the overall value during June 2020.

The combined value of the top five tourism & leisure M&A deals stood at $2.69bn, against the overall value of $2.7bn recorded for the month.

The top five tourism & leisure industry deals of June 2020 tracked by GlobalData were:

1) Evolution Gaming Group’s $2.32bn acquisition of NetEnt

2) The $159.96m acquisition of Summit Ascent Holdings by Suncity Group Holdings

3) GFI Capital Resources Group’s $110m asset transaction with

4) The $80m acquisition of Gold’s Gym International by TRT Gym Asset Holdings

5) Xi’an Weishuiyuan Hot Spring Resort’s acquisition of Resort for $25.01m.

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.