Power industry M&A deals in August 2019 total $4.04bn globally

23 September 2019 (Last Updated September 23rd, 2019 08:27)

Power industry M&A deals in August 2019 total $4.04bn globally

Total power industry M&A deals in August 2019 worth $4.04bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 57.2% over the previous month and a drop of 59.5% when compared with the last 12-month average, which stood at $9.97bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $1.64bn. At the country level, the US topped the list in terms of deal value at $1.63bn.

In terms of volumes, Europe emerged as the top region for power industry M&A deals globally, followed by North America and then Asia-Pacific.

The top country in terms of M&A deals activity in August 2019 was the US with 20 deals, followed by Germany with ten and the UK with seven.

In 2019, as of the end of August 2019, power M&A deals worth $57.26bn were announced globally, marking a decrease of 60.5% year on year.

Power industry M&A deals in August 2019: Top deals

The top five power industry M&A deals accounted for 68.3% of the overall value during August 2019.

The combined value of the top five power M&A deals stood at $2.76bn, against the overall value of $4.04bn recorded for the month.

The top five power industry deals of August 2019 tracked by GlobalData were:

1) Advanced Drainage Systems’ $1.08bn acquisition of Infiltrator Water Technologies

2) The $475m acquisition of Ambit Energy Holdings by Vistra Energy

3) Diodes’ $428m acquisition of Lite-On Semiconductor

4) The $420m acquisition of Zona Franca Celsia by EnfraGen

5) Power Grid’s asset transaction with Transmission System for $358.15m.

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

 

Visit our ‘Power Deals Dashboard’ for the latest trends in M&A, PE, and VC activity, top deals and advisory league tables in the power industry.