Engineering growth: Global engineering & construction industry mergers and acquisitions analysis - 4Q 2010

Repositioning for growth: The tax implications of expanding into a VISTA country
Welcome to the fourth-quarter 2010 edition of Engineering growth, PwC’s quarterly analysis of mergers and acquisitions (M&A) in the global engineering and construction industry.

In the fourth-quarter 2010, M&A deal activity in the global engineering and construction industry saw continued growth in deal volume and deal value, and as expected, the full-year totals for both exceeded 2009. Average deal value in 2010 also exceeded that of 2009. Despite concerns of high unemployment in the United States and debt problems in Europe, buyer activity remains strong.

In addition to a detailed summary of deal activity in the quarter, we supplemented this issue of Engineering growth with a special report on the potential growth opportunities of expanding into the VISTA countries (Vietnam, Indonesia, South Africa, Turkey, and Argentina) as well as the related tax implications and risks.