Analysis of the key themes driving M&A activity reveals that digitalization accounted for 12 power deals announced in Q2 2024, worth a total value of $1.8bn. The $1.6bn merger of Aimei Health Technology and United Hydrogen Group and ZOLAR was the industry’s largest disclosed deal. GlobalData’s Power Industry Mergers and Acquisitions Deals report for Q2 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.
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In value terms, digitalization-related deal activity increased by 4765% in Q2 2024 compared with the previous quarter’s total of $37m and rose by 14% as compared to Q2 2023. Related deal volume increased by 200% in Q2 2024 versus the previous quarter and was 50% higher than in Q2 2023.
The top-ranked financial advisors supporting these M&A deals in H1 2024 were Argyll Partners; Chain Stone Capital; KPMG International Coop with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in H1 2024 were DLA Piper International; Grandall Law Firm; Harneys with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes in Q2 2024 – 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.
