Europe’s metals & mining industry sees a drop of 8.3% in deal activity in Q4 2020

20 January 2021 (Last Updated January 20th, 2021 11:27)

Europe’s metals & mining industry sees a drop of 8.3% in deal activity in Q4 2020

Europe’s metals & mining industry saw a drop of 8.3% in overall deal activity during Q4 2020, when compared to the four-quarter average, according to GlobalData’s deals database.

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A total of 33 deals worth $4.53bn were announced for the region during Q4 2020, against the last four-quarter average of 36 deals.

Of all the deal types, M&A saw most activity in Q4 2020 with 29, representing an 87.9% share for the region.

In second place was venture financing with two deals, followed by private equity deals with two transactions, respectively capturing a 6.1% and 6.1% share of the overall deal activity for the quarter.

In terms of value of deals, M&A was the leading category in Europe’s metals & mining industry with $4.52bn, followed by venture financing deals totalled $6.92m.

Europe metals & mining industry deals in Q4 2020: Top deals

The top five metals & mining deals accounted for 98.9% of the overall value during Q4 2020.

The combined value of the top five metals & mining deals stood at $4.48bn, against the overall value of $4.53bn recorded for the quarter.

The top five metals & mining industry deals of Q4 2020 tracked by GlobalData were:

1) Nova Resources’ $2.39bn acquisition of KAZ Minerals

2) The $1.15bn acquisition of DSI Underground by Sandvik

3) PAO Raspadskaya’s $880.63m acquisition of AO UCC Yuzhkuzbassugol

4) The $32.28m asset transaction with Hargreaves Services by Hargreaves Raw Material Services

5) China Hanking Holdings’ acquisition of Emerald Planet for $28.87m.

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

 

Visit our ‘Mining Deals Dashboard’ for the latest trends in M&A, PE, and VC activity, top deals and advisory league tables in the mining industry.