In the European industrial goods & machinery industry, there were 161 M&A deals announced in Q1 2023, worth a total value of $339.6m, according to GlobalData’s Deals Database. The $139.6m majority acquisition of nordic lights by methode electronics 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 Europe decreased by 84% in Q1 2023 compared with the previous quarter’s total of $2.1bn and fell by 91% as compared to Q1 2022. Related deal volume decreased by 6% in Q1 2023 versus the previous quarter and was 2% higher than in Q1 2022.

The top-ranked financial advisors supporting these M&A deals in Europe in Q1 2023 were Clearwater International; PricewaterhouseCoopers International; Azets with 2, 2, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in Europe Q1 2023 were White & Case; Hogan Lovells International; Arntzen de Besche Advokatfirma with 3, 2, 1 deals respectively.

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

Premium Insights


The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.


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.