Analysis of the key themes driving M&A activity reveals that batteries accounted for 5 automotive deals announced in Q2 2023, worth a total value of $123.9m. The $54.7m minority acquisition of Nikola Iveco Europe by Iveco Group 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 $2bn. Related deal volume increased by 67% in Q2 2023 versus the previous quarter and was 17% lower than in Q2 2022.
For further understanding of GlobalData's Automotive Industry Mergers And Acquisitions Deals By Top Themes In Q2 2023 – Thematic Intelligence, buy the report here.
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