Assembling value: Q2 2012
Assembling value is a quarterly analysis of global merger and acquisition (M&A) 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
Here’s a snapshot of the perspectives you’ll find in this quarter’s report:
- M&A activity in second-quarter 2012 remained sluggish as demand continues to slip due to the EU crisis.
- Financial investors largely remain on the sidelines in anticipation of more clarity on the direction and growth prospects of the industrial manufacturing sector.
- Divestitures continue to be a major driver of M&A as companies pull out of Europe and local competitors pursue consolidation as a survival tool.
- Cash-rich balance sheets and new niche market opportunities are drawing cautious optimism for deal activity in upcoming quarters.