In the European automotive industry, there were 40 M&A deals announced in Q3 2023, worth a total value of $1.5bn, according to GlobalData’s Deals Database. The $1.1bn minority acquisition of ZF Chassis Modules by Hon Hai Precision Industry was the industry’s largest disclosed deal. GlobalData’s Automotive Industry Mergers And Acquisitions Deals By Top Themes In Q3 2023 report provides an overview of merger and acquisition activity globally and identifies the themes driving the most notable deals announced in Q3 2023 in the automotive industry. Buy the report here.
In value terms, M&A activity in Europe increased by 91% in Q3 2023 compared with the previous quarter’s total of $784.7m and fell by 88% as compared to Q3 2022. Related deal volume increased by 21% in Q3 2023 versus the previous quarter and was 20% lower than in Q3 2022.
The top-ranked financial advisors supporting these M&A deals in Europe in Q3 2023 were Rothschild & Co; Clairfield International; CMS Legal Services EEIG with 2, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Europe Q3 2023 were White & Case; Advokatfirman Vinge KB; CMS Legal Services EEIG with 4, 2, 2 deals respectively.
For further understanding of GlobalData's Automotive Industry Mergers And Acquisitions Deals By Top Themes In Q3 2023 – Thematic Intelligence, buy the report here.
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