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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.

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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.

This content was updated on 18 July 2023

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