Analysis of the key themes driving M&A activity reveals that ecommerce accounted for 5 power deals announced in Q2 2023, worth a total value of $1.1bn. The $1.1bn acquisition of ECM Investors by nVent Electric was the industry’s largest disclosed deal. GlobalData’s Power Industry Mergers and Acquisitions Deals report for Q2 2023 uncovers key trends behind the power market M&A deals and helps gain a comprehensive understanding of the disruptive themes driving most notable to deals. Buy the report here.
In value terms, ecommerce-related deal activity remained flat in Q2 2023 compared with the previous quarter and as compared to Q2 2022. Related deal volume increased by 25% in Q2 2023 versus the previous quarter.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes in Q2 2023 – Thematic Intelligence, buy the report here.