In the German power industry, there were 17 M&A deals announced in Q2 2023, worth a total value of $37.7m, according to GlobalData’s Deals Database. The $37.7m acquisition of northland power by rwe offshore wind was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Power Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, M&A activity in Germany decreased by 83% in Q2 2023 compared with the previous quarter’s total of $227m and fell by 95% as compared to Q2 2022. Related deal volume decreased by 15% in Q2 2023 versus the previous quarter and was 39% lower than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in Germany in Q2 2023 were BNP Paribas; Capcora; Clairfield International with 1, 1, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in Germany Q2 2023 were Allen & Overy; Ashurst; Heuking Kuhn Luer Wojtek with 3, 2, 2 deals respectively.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.