Engineering growth: Q4 2011

Engineering growth is a quarterly analysis of global merger and acquisition (M&A) activity in the engineering and construction industry. Each edition includes a review of overall deal activity for the quarter and year-to-date.

Global engineering and construction M&A analysis: Q4 2011

Engineering and construction growth was restrained during the fourth quarter of 2011, negatively affecting the number and value of deals, as a result of market turmoil and political, economic, and social uncertainty. Deal activity was dominated by divestitures, spin-offs, and carve-outs, as companies made plans to exit unprofitable markets and adjust product mixes to reflect evolving customer demands.