Analysis of the key themes driving M&A activity reveals that environmental sustainability accounted for 19 construction & real estate deals announced in Q1 2023, worth a total value of $245.2m. The $164.1m acquisition of Xiaxian Tianrun Wind Power by East China Xinhua Energy Investment was the industry’s largest disclosed deal. GlobalData’s Construction Industry Mergers and Acquisitions Deals report for Q2 2023 uncovers key trends behind the Construction Industry M&A deals and helps gain a comprehensive understanding of the disruptive themes driving most notable to deals. Buy the report here.
In value terms, environmental sustainability-related deal activity decreased by 46% in Q1 2023 compared with the previous quarter’s total of $450.1m. Related deal volume decreased by 39% in Q1 2023 versus the previous quarter and was 1800% higher than in Q1 2022.
The top-ranked financial advisors supporting these M&A deals in Q1 2023 were Global Strategy; PricewaterhouseCoopers International; PwC (Italy) with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Q1 2023 were BMH Brautigam & Partner; Freshfields Bruckhaus Deringer; Mayer Brown with 1, 1, 1 deals respectively.
To further understand GlobalData's analysis on Construction Industry Mergers and Acquisitions Deals by Top Themes in Q2 2023 – Thematic Intelligence, buy the report here.