In the German automotive industry, there were 5 M&A deals announced in Q2 2023, worth a total value of $58.9m, according to GlobalData’s Deals Database. The $54.7m minority acquisition of nikola iveco europe by iveco group 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 Germany decreased by 94% in Q2 2023 compared with the previous quarter’s total of $902m and fell by 96% as compared to Q2 2022. Related deal volume decreased by 62% in Q2 2023 versus the previous quarter and was 58% lower than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in Germany in Q2 2023 were Deloitte Touche Tohmatsu; Rothschild & Co; SI with 1, 1, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in Germany Q2 2023 were Freshfields Bruckhaus Deringer; DORDA Rechtsanwalte; GRUB BRUGGER Partnerschaft von Rechtsanwalten mbB with 2, 1, 1 deals respectively.
For further understanding of GlobalData's Automotive Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.
