Wir verfügen über hohe fachliche Expertise und ein exzellentes Netzwerk in unseren Fokus-Sektoren, als M&A-Verantwortliche in großen M&A-aktiven Konzernen und Unternehmer mit Exit-Erfahrung kennen wir die Bedürfnisse und Ziele unserer Mandanten aus eigener Erfahrung.
Wir arbeiten in international besetzten Sektor Teams an grenzüberschreitenden Transaktionen und tauschen uns regelmäßig in unseren Treffen und Telefonkonferenzen zu Markt- und M&A-Trends aus. Auf dieser Seite geben wir Ihnen eine Übersicht zu unseren Köpfen, Themen und Transaktionen in unseren Fokus-Sektoren.
M&A trends & market analysis
During the Milan 2017 Globalscope conference, the network’s global Industrials sector team met to discuss recent transactions and the evolving underlying structural drivers of the global sector M&A landscape.
A key theme is the changing use of fossil fuels, which is dramatically altering the industrials sector. More details can be obtained from team members or regional heads – see contact details below.
Notable recent transactions
Glencore and Qatar Purchase Stake of Rosneft
Glencore and the sovereign wealth fund of Qatar have together acquired a 19.5% stake in Russian oil company Rosneft for circa $11bn.
Evonik Acquires Air Products Division
NYSE listed Air Products has sold its Performance Materials Division to German trade buyer Evonik for $3.8bn. The deal took just over 9 months to complete since its May 2016 announcement.
Vinci Highways Acquires Linea Amarilla
French company Vinci has acquired road builder and maintenance company Linea Amarilla for circa $1.1bn. Vinci Highways operates and maintains more than 1,800km of highways and 1,300km of urban roads across 13 countries.
Lower-mid market observations
Companies Expanding into New Geographies
Data compiled by KPMG has shown that, over the past two years, 87% of manufacturing companies have taken steps to expand into new geographies. Furthermore, 92% said that they planned to do so over the next two years. This might be a sign that political uncertainty is not having as much of an effect on the engineering sector as it has with other sectors.
Environmental Products Lead to Growth
Companies that focus on the research and development of, or production of, environmentally friendly products can increase their market share quickly, as worldwide governmental policy is beginning to force the issue. Furthermore, the world’s use of fossil fuels is constantly under scrutiny, with many countries now providing tax breaks for environmentally friendly cars.
Defence Budgets on the Rise
Increasing tensions between Russia and the US, as well as the ongoing issues with the Islamic State, have seen some countries increase their defence budgets. China, for example, increased its defence budget by 7% from 2016 to 2017.
US Infrastructure Set for Reform
The age of US Infrastructure has come under scrutiny by the Trump administration. A key pledge in Donald Trump’s campaign was greater investment in US infrastructure. Long-term infrastructure projects often endure economic slow-down owing to their essential nature.
Commercial Aerospace Continues Growth
Commercial aerospace is expected to continue its trend of growing at a rate greater than the sector average. This trend is driven by increasing air passengers lured by cheap fares and shorter flight times. Furthermore, busier flight schedules are leading to an accelerated equipment replacement cycle.