Analysis of the key themes driving M&A activity reveals that energy transition accounted for 28 automotive deals announced in Q4 2023, worth a total value of $2bn. The $1.6bn minority acquisition of Zhejiang Zero Run Technology by Stellantis was the industry’s largest disclosed deal. GlobalData’s Automotive Industry Mergers And Acquisitions Deals By Top Themes In 2023 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.
In value terms, energy transition-related deal activity decreased by 20% in Q4 2023 compared with the previous quarter’s total of $2.5bn and rose by 2% as compared to Q4 2022. Related deal volume decreased by 10% in Q4 2023 versus the previous quarter and was 4% higher than in Q4 2022.
The top-ranked financial advisors supporting these M&A deals in Q4 2023 were Rothschild & Co; BDA Partners; Benchmark Investments with 2, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Q4 2023 were Clifford Chance; Paul, Weiss, Rifkind, Wharton & Garrison; Baker & McKenzie with 2, 2, 1 deals respectively.
For further understanding of GlobalData's Automotive Industry Mergers And Acquisitions Deals By Top Themes In 2023 – Thematic Intelligence, buy the report here.
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