Analysis of the key themes driving private equity deal activity reveals that batteries accounted for 2 automotive deals announced in Q2 2023, worth a total value of $944m. The $944m investment by MBK Consortium and SNB Capital in SK on Co was the industry’s largest disclosed deal. GlobalData’s Automotive Industry Mergers And Acquisitions Deals By Top Themes In Q2 2023 report provides an overview of merger and acquisition activity globally and identifies the themes driving the most notable deals announced in Q2 2023 in the automotive industry. Buy the report here.

In value terms, batteries-related deal activity decreased by 94% in Q2 2023 compared with the previous quarter’s total of $15.4bn. Related deal volume decreased by 50% in Q2 2023 versus the previous quarter.

For further understanding of GlobalData's Automotive Industry Mergers And Acquisitions Deals By Top Themes In Q2 2023 – Thematic Intelligence, buy the report here.

This content was updated on 18 July 2023

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.