In the Chinese industrial goods & machinery industry, there were 39 M&A deals announced in Q1 2023, worth a total value of $3bn, according to GlobalData’s Deals Database. The $972.2m minority acquisition of tianjin jianlong iron & steel industry by beijing jianlong heavy industry 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 Construction Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, M&A activity in China decreased by 0% in Q1 2023 compared with the previous quarter’s total of $3bn and rose by 555% as compared to Q1 2022. Related deal volume decreased by 15% in Q1 2023 versus the previous quarter and was 11% higher than in Q1 2022.
For further understanding of GlobalData's Construction Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.