Assembling value is a quarterly analysis of global merger and acquisition (M&A) activity in the industrial manufacturing industry. It includes a review of overall deal activity for the quarter and year-to-date and a summary of large deals.
Highlights of what this quarter's analysis revealed:
Following a strong fourth quarter, the industrial manufacturing industry closed out a stellar year for M&A activity.
Total deal value soared in 2014, reaching $127 billion, an increase of 163 percent over the prior year.
Both deal value and volume spiked drastically in the fourth quarter of 2014.
Horizontal consolidation and divestitures of non-core business continued to drive robust activity.
Management’s attention has shifted away from headcount reduction and cost-cutting programs toward growth initiatives and filling the talent gaps.