Led by $1.66bn private equity deal with Norsk Hydro, Europe’s metals & mining industry saw a drop of 7.25% in deal activity during Q1 2021, when compared to the last four-quarter average, according to GlobalData’s deals database.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
A total of 32 deals worth $2.28bn were announced for the region during Q1 2021, against the last four-quarter average of 34.50 deals.
Of all the deal types, M&A saw most activity in Q1 2021 with 29 deals, representing a 90.6% share for the region.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIn second place was private equity with three deals capturing a 9.4% share of the overall deal activity for the quarter.
In terms of value of deals, private equity was the leading category in Europe’s metals & mining industry with $1.69bn, followed by M&A deals totalled $586.23m.
Europe metals & mining industry deals in Q1 2021: Top deals
The top five metals & mining deals accounted for a 95.7% share of the overall value during Q1 2021.
The combined value of the top five deals stood at $2.18bn, against the overall value of $2.28bn recorded for the quarter.
The top five metals & mining industry deals of Q1 2021 tracked by GlobalData were:
1) KPS Capital Partners’ $1.66bn private equity deal with Norsk Hydro
2) The $340m acquisition of Kumas Manyezit Sanayi by Eregli Demir ve Celik Fabrikalari TAS
3) Horvik’s $85.19m acquisition of Trans-Siberian Gold
4) The $63.36m asset transaction deal with Endeavour Mining by Allied Gold
5) GEM Global YieldSCS’s private equity with J.O Steel Holdings for $30.54m.