Led by $1.66bn private equity deal with Norsk Hydro, Europe’s metals & mining industry saw a rise of 18.92% in cross border 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 22 cross border deals worth $1.92bn were announced for the region during Q1 2021, against the last four-quarter average of 18.50 deals.
Of all the deal types, M&A saw most activity in Q1 2021 with 19 deals, representing an 86.4% 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 13.6% share of the overall cross border deal activity for the quarter.
In terms of value of cross border deals, private equity was the leading category in Europe’s metals & mining industry with $1.69bn, followed by M&A deals totalled $229.02m.
Europe metals & mining industry cross border deals in Q1 2021: Top deals
The top five metals & mining cross border deals accounted for a 97.4% share of the overall value during Q1 2021.
The combined value of the top five cross border deals stood at $1.87bn, against the overall value of $1.92bn recorded for the quarter.
The top five metals & mining industry cross border deals of Q1 2021 tracked by GlobalData were:
1) KPS Capital Partners’ $1.66bn private equity deal with Norsk Hydro
2) The $85.19m acquisition of Trans-Siberian Gold by Horvik
3) Allied Gold’s $63.36m asset transaction with Endeavour Mining
4) The $30.54m private equity deal with J.O Steel Holdings by GEM Global YieldSCS
5) Jiangxi Ganfeng Lithium’s acquisition of Sonora Lithium for $29.73m.