Analysis of the key themes driving M&A activity reveals that robotics accounted for 2 power deals announced in Q3 2023, worth a total value of $55.4m. The $55.4m reverse acquisition of LCM Energy Solution (British Columbia) by ECC Ventures 6 was the industry’s largest disclosed deal. GlobalData’s Power Industry Mergers and Acquisitions Deals report for Q3 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, robotics-related deal activity remained flat in Q3 2023 compared with the previous quarter and as compared to Q3 2022. Related deal volume increased by 100% in Q3 2023 versus the previous quarter and was 50% lower than in Q3 2022.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.