Analysis of the key themes driving M&A activity reveals that energy transition accounted for 17 automotive deals announced in Q2 2023, worth a total value of $214.6m. The $82.1m acquisition of ELDOR CORPORATION by BorgWarner was the industry’s largest disclosed deal. GlobalData’s Automotive Industry Mergers and Acquisitions Deals by Top Themes – Thematic Intelligence report helps understand the themes that impact the automotive industry by analyzing which themes drive the M&A activity. Buy the report here.
In value terms, energy transition-related deal activity decreased by 90% in Q2 2023 compared with the previous quarter’s total of $2.2bn and fell by 76% as compared to Q2 2022. Related deal volume decreased by 15% in Q2 2023 versus the previous quarter and was 41% lower than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in Q2 2023 were ACP Capital Markets; Benchmark Investments; Clairfield International with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Q2 2023 were CMS Legal Services EEIG; Fenwick & West; Freshfields Bruckhaus Deringer with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Automotive Industry Mergers and Acquisitions Deals by Top Themes in 2022 - Thematic Intelligence, buy the report here.
