Analysis of the key themes driving M&A activity reveals that batteries accounted for 86 mining deals announced in Q2 2023, worth a total value of $440.3m. The $177.5m acquisition of Vulcan Energy Resources by Akzo Nobel Industrial Chemicals was the industry’s largest disclosed deal. GlobalData’s Mining Industry Mergers and Acquisitions Deals report for Q2 2023 helps discover the latest insights on Mining Industry M&A transactions. The report uncovers the analyzes the disruptive themes behind the most notable deals, and helps anticipate shifts in the industry landscape. Buy the report here.
In value terms, batteries-related deal activity increased by 110% in Q2 2023 compared with the previous quarter’s total of $209.3m and rose by 311% as compared to Q2 2022. Related deal volume decreased by 2% in Q2 2023 versus the previous quarter and was 682% higher than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in Q2 2023 were Davy Group; Gordon Dyal & Co. Advisory Group; Haywood Securities with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Q2 2023 were Fasken Martineau DuMoulin; Cozen O'Conner; Davis Polk & Wardwell with 4, 1, 1 deals respectively.
For further understanding of GlobalData's Mining Industry Mergers and Acquisitions Deals by Top Themes in Q2 2023 – Thematic Intelligence, buy the report here.