In the German automotive industry, there were 8 M&A deals announced in Q1 2024, worth a total value of $4.3m, according to GlobalData’s Deals Database. The $4.3m minority acquisition of Killwatt by TVS Motor (Singapore) Pte. was the industry’s largest disclosed deal. GlobalData’s Automotive Industry Mergers And Acquisitions Deals By Top Themes In Q1 2024 report provides an overview of merger and acquisition activity globally and identifies the themes driving the most notable deals announced in 2023 in the automotive industry. Buy the report here.

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In value terms, M&A activity in Germany decreased by 100% in Q1 2024 compared with the previous quarter’s total of $4.5bn and fell by 100% as compared to Q1 2023. Related deal volume decreased by 33% in Q1 2024 versus the previous quarter and was 39% lower than in Q1 2023.

The top-ranked legal advisors supporting these M&A deals in Germany in Q1 2024 were CMS Legal Services EEIG; Hengeler Mueller Partnerschaft von Rechtsanwalten mbB; Jefferies Financial Group with 1, 1, 1 deals respectively.

For further understanding of GlobalData's Automotive Industry Mergers And Acquisitions Deals By Top Themes In Q1 2024 – Thematic Intelligence, buy the report here.

This content was updated on 23 April 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Buyouts and Direct Investments done by Private Equity firms.