Global transportation and logistics deals insights: Q2 2017

Executive summary

M&A in the global transportation and logistics sector picked up steam in Q2 2017, with the sector reporting its highest quarterly deal value in the last three years, along with the second highest deal volume over the same period.

The Passenger Ground category contributed the most to deal value in the quarter, driven by the years largest transaction of Atlantia SpA acquiring Abertis Infraestructuras SA for $18.3 billion. The Trucking category also performed strongly, including the $2.9 billion Swift-Knight merger.

Structural changes in the Shipping sector continued to drive M&A activity in that sector, and the recently announced acquisition of Orient Overseas International by China’s Cosco Shipping for $6.3 billion suggests that consolidation is set to continue.

The level of deal making activity in the UK and Eurozone region and the number of cross border deals also hit three year highs in the quarter.

Share

“Megadeal activity surged in Q2-17, driving the highest quarterly deal value in the past three years. Increased European deal activity and participation of financial investors pushed deal volume close to a three year high.”

A Darach Chapman,US Transportation and Logistics Deals Leader

Key trends and highlights

  • Deal value of the T&L sector increased 127% to $45.1 billion in Q2 2017 versus Q1 2017. Deal volume grew by 5% during the same period.
  • Seven megadeals with a total aggregate disclosed value of $28.4 billion were announced, which was an increase from three deals worth $4.9 billion last quarter.
  • The Passenger Ground and Trucking categories recorded the highest quarter-over-quarter growth in deal value and volume, respectively. The Passenger Ground category also accounted for the largest share of 47% in deal value, while the Shipping category accounted for 29% of the deal volume.
  • Deal value for strategic investors surged this quarter despite lower deal volume. Financial investor activity picked up in both value and volume terms.
  • Deal value in the sector was driven by the UK & Eurozone region, while Asia & Oceania remained the strongest region in deal volume.

Contact us

Steven J. Barr
Consumer Markets Leader
Tel: +1 (415) 498 5190
Email

Eric Shin
Consumer Markets Tax Leader
Tel: +1 (646) 471 0902
Email

Ron Kinghorn
Consumer Markets Advisory Leader
Tel: +1 (617) 530 5938
Email

Melissa Palmer
Consumer Markets Assurance Leader
Tel: +1 (617) 530 4473
Email

Follow us