In the Australian automotive industry, there were 3 M&A deals announced in Q2 2023, worth a total value of $6.4m, according to GlobalData’s Deals Database. The $6.4m majority acquisition of forch australia by maxiparts was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Automotive Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, M&A activity in Australia was 97% lower in Q2 2023 as compared to Q2 2022. Related deal volume increased by 200% in Q2 2023 versus the previous quarter and was 57% lower than in Q2 2022.
For further understanding of GlobalData's Automotive Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.
