Our M&A reports in a wide range of industries are essential reading for any senior executive planning to undertake a transaction. They provide detailed analysis of the key global and regional deals in each sector, including the total number and value of those deals, their rationale and the most important changes that have taken place year-on-year. They also assess the impact of current economic conditions and sector-specific trends on the M&A market, together with the immediate outlook for deal-making within each sector.
PwC is pleased to share with you our quarterly analysis of mergers and acquisitions (M&A) activity in the global forest, paper and packaging (“FPP”) industry.
"You will see an uptick in M&A, but it will be smarter, more conservative deals and you will start to see greater use of joint ventures and strategic alliances. You aren't going to see the big dollars in riskier jurisdictions." --Brett Mattison, SVP Corporate Development Strategy and Planning, Gold Fields
After an imposing first half of 2014 (H1 2014), PwC continues to maintain a positive outlook for Automotive M&A going forward. Global cross-sector M&A volume increased 6% in the first half of 2014 compared to 2013.
Mergers and acquisitions (M&A) in the US oil and gas industry reached the lowest levels of fourth quarter deal activity in five-years. This release provides an overview of the current outlook for M&A in the oil and gas industry.
The year is off to a rapid start with deal volume and disclosed value up 19% and 92%, respectively, in Q1 2015 compared to the first quarter of 2014. The most notable sectors were Managed Care, Behavioral Health and Rehabilitation, Physician Practice, and Private Equity while Home Health, Hospitals, and Labs, MRI, & Dialysis lagged behind.
Deal activity remained strong from the prior quarter as there was over $105 billion in announced and pending deals suggesting robust M&A activity may continue into 2015. As companies complete deals, integration becomes critical to achieving synergies. In this publication, we explore some of the methods being used to maximize synergies in the R&D function. Additionally this quarter's report's market spotlight looks at how Canada is essential to the development of future IP for companies within the industry. Canada has focused on becoming one of the most cost-effective countries for clinical development among the Group of Seven (G7) industrialized nations.
Faced with new and challenging market forces, food companies are changing their strategic approach by focusing on capabilities to drive how they organize and operate their businesses. For winning companies, this focus on capabilities is informing their growth path, including their approach mergers, acquisitions, and divestitures.
Driven by substantial megadeal growth (more than 284 percent by value as compared to 4Q15), average deal value in the industrial manufacturing sector increased to $691 million, despite a decline in volume in the first quarter.
Despite decreased activity, deal value in the Chemicals sector for the first quarter of 2016 increased by more than two and half times on a year-over-year basis, bringing the average deal value up to $1.9 billion (41% higher than the previous quarter, 4Q15)
Deal activity improved in the E&C sector in 1Q16, as volume and value increased year-over-year for the first quarter. However, both total and average value decreased in a sequential basis, with a substantial decline of 43 percent in megadeal value compared to the previous quarter.
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.
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.
Despite a decline in volume, deal value in the Aerospace & Defense sector increased more than two-fold.in the first quarter of 2016, driven in part by a $5.9 billion megadeal.
Overall deal value started strong in Q1 '15 despite volume at its lowest point in two years. Although it may be too soon to tell which direction deal volumes will trend in the remainder of 2015, we remain optimistic and expect M&A will continue to be robust for the sector. And with the abandonment of one transformative Cable deal, rumors are swirling about potential deal partners. In this issue, PwC provides a summary of first quarter 2015 deal activity, megadeal activity and an outlook for key sectors.
Q4 2015 North American Power Deals 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.
The recent explosion in M&A activity in the semiconductor industry follows a larger trend of increased deals in the overall Technology sector. Many of the factors affecting the overall Technology Sector such as maturing markets and associated revenue-ASP stresses have also come into play in the semiconductor sector. But a closer look shows that the specific M&A route chosen by the semiconductor companies involved in transactions varies based on three key factors: market segment focus, the growth rate of the market segment and the size of the company.