An abundant appetite for industrials & chemicals (I&C) deals have seen mergers and acquisitions (M&A) across the sector scale new heights, reaching its highest quarterly value since Q3 2016 ($ 168bn), according to a report by Mergermarket Group.
The deal value stood at $123.7 billion in the first quarter, representing an increase of 42.1% from Q4 2017 and 24.6% from the average quarterly value across 2017.
The strong start of the year also places the sector top in market share terms by deal count, accounting for 20% of global deals, the highest since Q3 2012 (20.1%). These milestones were reached despite conducting just 793 deals - the lowest quarterly number since Q1 2015 (774 deals).
Carlyle Group and GIC conducted the sector’s largest buyout on Mergermarket record (since 2001), by acquiring the speciality chemicals business of AkzoNobel for $12.5bn. Of the total I&C activity, Private equity buyouts accounted for 18.8% of the I&C deal value and 20.1% of the count, resulting in the largest contribution to the I&C deal value since Q4 2014 (24.3%) and Q1 2012 (20.3%) for deal count.
An abundant appetite for industrials & chemicals (I&C) deals have seen mergers and acquisitions (M&A) across the sector scale new heights, reaching its highest quarterly value since Q3 2016 ($ 168bn), according to a report by Mergermarket Group.
The deal value stood at $123.7 billion in the first quarter, representing an increase of 42.1% from Q4 2017 and 24.6% from the average quarterly value across 2017.
The strong start of the year also places the sector top in market share terms by deal count, accounting for 20% of global deals, the highest since Q3 2012 (20.1%). These milestones were reached despite conducting just 793 deals - the lowest quarterly number since Q1 2015 (774 deals).
Carlyle Group and GIC conducted the sector’s largest buyout on Mergermarket record (since 2001), by acquiring the speciality chemicals business of AkzoNobel for $12.5bn. Of the total I&C activity, Private equity buyouts accounted for 18.8% of the I&C deal value and 20.1% of the count, resulting in the largest contribution to the I&C deal value since Q4 2014 (24.3%) and Q1 2012 (20.3%) for deal count.
No comments:
Post a Comment