Assembling value: Industrial Manufacturing mergers and acquisitions analysis - Second quarter of 2009

Download Assembling value: Industrial Manufacturing mergers and acquisitions analysis - Second quarter of 2009 (519kb)

Assembling value is a quarterly analysis of global merger and acquisition activity in the industrial manufacturing industry. Each edition includes a review of overall deal activity for the quarter and year-to-date and a summary of large deals. Also included is a spotlight on a PwC service and a case study.

This quarter, the Assembling value report takes a deeper look at China specifically, including the country’s rise as a major player in the global economy and manufacturing industry, as well as the challenges and opportunities that exist for companies looking to do business with China.

The second quarter 2009 mergers and acquisitions industrial manufacturing analysis reports that large deal activity continued to be dramatically lower than historical levels. In first-half 2009, there were no large deals. Only 26 deals had a disclosed value greater than $50 million versus 86 in first-half 2008. This lull in large deal activity is expected, given continued global economic weakness. Industrial manufacturing will not likely see a return of large deals until investor confidence returns and a global economic and credit recovery is realized.