Intersections

Intersections is a quarterly analysis of global merger and acquisition (M&A) activity in the transportation & logistics industry. Each edition includes a review of overall deal activity for the quarter and year-to-date, as well as a summary of large deals.

Q2 2012 global Transportation & Logistics industry M&A analysis

Deal flow was robust this quarter, with lots of activity at the top of the market. This is evidenced by the fact that mega deals, or deals with a disclosed value of at least $1 billion, are on pace to easily exceed the total of such announcements for all of 2011.

This quarter’s analysis revealed:

  • The United States demonstrated surprising strength in both deal volume and values.
  • Eurozone deals decreased significantly in the wake of the economic downturn and ongoing sovereign debt issues.
  • M&A activity in China has quickly slowed in the face of tighter credit and a deceleration in growth.
  • So far in 2012, the vast majority of mega deals have been focused on airports and roads, activity that is contributing to strong deal flow in South America.