Analysis of the key themes driving M&A activity reveals that renewable energy accounted for 11 mining deals announced in Q2 2023, worth a total value of $210.7m. 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 by Top Themes – Thematic Intelligence report helps understand the themes that impact the metals & mining industry by analyzing which themes drive the M&A activity. Buy the report here.
In value terms, renewable energy-related deal activity increased by 824% in Q2 2023 compared with the previous quarter’s total of $22.8m and rose by 301% as compared to Q2 2022. Related deal volume increased by 22% in Q2 2023 versus the previous quarter and was 1000% higher than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in Q2 2023 were Gordon Dyal & Co. Advisory Group; Morgan Stanley; UBS Group with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Q2 2023 were Linklaters; Fasken Martineau DuMoulin; KWM Service with 2, 1, 1 deals respectively.
For further understanding of GlobalData's Mining Industry Mergers and Acquisitions Deals by Top Themes in 2022 - Thematic Intelligence, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.
