In the German power industry, there were 13 M&A deals announced in Q1 2024, worth a total value of $98m, according to GlobalData’s Deals Database. The $98m acquisition of Kyon Energy Solutions by TotalEnergies was the industry’s largest disclosed deal. GlobalData’s Power Industry Mergers and Acquisitions Deals report for Q1 2024 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.

Smarter leaders trust GlobalData

In value terms, M&A activity in Germany decreased by 76% in Q1 2024 compared with the previous quarter’s total of $403m and fell by 100% as compared to Q1 2023. Related deal volume decreased by 48% in Q1 2024 versus the previous quarter and was 35% lower than in Q1 2023.

The top-ranked legal advisors supporting these M&A deals in Germany in Q1 2024 were with deals respectively.

For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes in Q1 2024 – Thematic Intelligence, buy the report here.

This content was updated on 23 April 2024

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

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.