In the European automotive industry, there were 38 M&A deals announced in Q4 2023, worth a total value of $5.1bn, according to GlobalData’s Deals Database. The $3.9bn minority acquisition of Vitesco Technologies Group by Schaeffler 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.
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In value terms, M&A activity in Europe increased by 219% in Q4 2023 compared with the previous quarter’s total of $1.6bn and rose by 225% as compared to Q4 2022. Related deal volume decreased by 3% in Q4 2023 versus the previous quarter and was 14% lower than in Q4 2022.
The top-ranked financial advisors supporting these M&A deals in Europe in Q4 2023 were Morgan Stanley; Rothschild & Co; BNP Paribas with 2, 2, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Europe Q4 2023 were White & Case; Hengeler Mueller Partnerschaft von Rechtsanwalten mbB; Advokatfirman Vinge KB with 5, 3, 2 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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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.
