Global Metals M&A Deals Insights: Q2 2016

July 2016

Download

Global Metals M&A Deals Insights: Q2 2016

Deal volume in the global metals industry was down in Q2 2016, with only 17 deals announced in the quarter (the lowest since Q2 2014). Total deal value (at $2.8 billion) was also down 69% and 73% compared to Q2 2015 and Q1 2016, respectively.

Explore the data

Explore the data

Global Metals M&A Deals Insights is our new quarterly report on the merger and acquisition (M&A) activity in the sector. Now featuring more in-depth data analysis and insights, this new publication aims to equip you with an executive overview, key trends and highlights, a list of the largest deals announced the quarter, key regional, investment, and sub-sector information, as well as PwC’s assessment of the M&A outlook for the sector.

Highlights of our second quarter 2016 analysis include:

  • Global Metals deal volume was sluggish in Q2 2016—decreasing to 17 deals, valued at $2.8 billion
  • There were no megadeals announced during this quarter. The largest deal announced was valued at $347 million
  • Aluminum constituted the major share, at 32% in total deal value, followed by Steel and Iron Ore with 22% share and 8% share, respectively. A larger share (38%) was constituted by Other Metals (valued at more than $1 billion) compared to these premium metals
  • Financial buyers formed more than half of total deal value, while Corporate buyers constituted a similar proportion in total deal volume during the quarter
  • Local deals dominated the deal activity during the quarter, led by China. Nearly 60% of total deal volume were local deals in China (ten deals), valued around $2.0 billion (72% of the total deal value)

Download the report for additional key trends and highlights.

Launch the data explorer for a deeper dive into the data.