In the European automotive industry, there were 33 M&A deals announced in Q2 2023, worth a total value of $784.7m, according to GlobalData’s Deals Database. The $295m minority acquisition of Aston Martin Lagonda Global by Zhejiang Geely Holding Group was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Automotive Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

In value terms, M&A activity in Europe decreased by 22% in Q2 2023 compared with the previous quarter’s total of $1bn and fell by 60% as compared to Q2 2022. Related deal volume decreased by 15% in Q2 2023 versus the previous quarter and was 31% lower than in Q2 2022.

The top-ranked financial advisors supporting these M&A deals in Europe in Q2 2023 were Rothschild & Co; CMS Legal Services EEIG; Deloitte Touche Tohmatsu with 2, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in Europe Q2 2023 were White & Case; CMS Legal Services EEIG; Freshfields Bruckhaus Deringer with 3, 2, 2 deals respectively.

For further understanding of GlobalData's Automotive Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.

This content was updated on 18 July 2023

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