2015 was a record year in M&A for the A&D sector with a total deal value of $61.7 billion, nearly three times the value in 2014 and more than 50 percent higher than the previous record year in 2007.
Deal value increased by 26 percent on a year-over-year basis (rising to $37.6 billion), despite a decline in both volume and value on a sequential basis in the first quarter of 2016.
Deal activity remained strong in the E&C sector for 2015 with 227 deals, while average deal value declined as a result of the acquisition of smaller players in deals aimed at enhancing product offerings and expanding geographic coverage.
2015 was a strong year for industrial manufacturing M&A as deal volume increased to its highest total in a decade. Despite a 30% decrease in value compared to 2014, deal value remained well above the ten-year historical average for the sector.
2015 ends with the December announcement of a $62.1 billion merger between two chemical giants, in an otherwise flat year for M&A in the Chemicals sector.
Deal value increased both sequentially and year-over-year in the metals sector in the first quarter, driven by a substantial increase in Megadeal activity and despite a decline in volume over the previous quarter.
In this recorded webcast, we discuss the current trends in oil and gas deal-making.
In this quarter’s analysis, we saw an overall drop in power and utilities deal activity as potential acquirers took stock of recent valuations and associated premiums in the evaluation of future growth opportunities.
Our series of Fast Takes on Talent Innovations examines the critical role each element of the talent ecosystem plays within an organization – and offers PwC’s insights on how today’s business leaders can reinvent their talent strategies to compete and win.
Alliance and joint ventures are on the rise. When should you consider partnering and what are the potential accounting implications? Read more here.