North America’s metals & mining industry saw a drop of 5.3% in overall deal activity during Q2 2019, when compared to the four-quarter average, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

A total of 160 deals worth $2.94bn were announced for the region during Q2 2019, against the last four-quarter average of 169 deals.

Of all the deal types, M&A saw most activity in Q2 2019 with 128, representing an 80% share for the region.

In second place was private equity with 20 deals, followed by venture financing deals with 12 transactions, respectively capturing a 12.5% and 7.5% share of the overall deal activity for the quarter.

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.

Company Profile – free sample

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 GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In terms of value of deals, M&A was the leading category in North America’s metals & mining industry with $2.28bn, while private equity and venture financing deals totalled $465.12m and $189.07m, respectively.

North America metals & mining industry deals in Q2 2019: Top deals

The top five metals & mining deals accounted for 82.4% of the overall value during Q2 2019.

The combined value of the top five metals & mining deals stood at $2.42bn, against the overall value of $2.94bn recorded for the quarter. The top announced metals & mining deal tracked by GlobalData in Q2 2019 was Wieland-Werke’s $1.14bn acquisition of Global Brass and Copper.

In second place was the $596.22m acquisition of Atlantic Gold by St. Barbara and in third place was Pala Investments’ $373.59m private equity deal with Cobalt 27 Capital.

The $156.69m stake acquisition of Quebec Iron Ore by Champion Iron and Allseas Group’s venture financing of DeepGreen Resources for $150m held fourth and fifth positions, respectively.

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.