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.
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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.
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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.
