Assembling value: Industrial manufacturing mergers and acquisitions analysis, q2 2009
August 2009
Assembling Value
Second-quarter 2009 global industrial manufacturing industry mergers & acquisitions analysis
China: Balancing the risks and opportunities
This issue of Assembling Value includes a special report that highlights the potential growth opportunities and risks for manufacturing companies doing business in China. Included is a discussion around China's role and stature in the international economic order, its spending priorities and partner expectations of foreign investment.
Mergers and acquisitions in the global industrial manufacturing industry showed little improvement during second-quarter 2009.
The pace of deal volume (measured by the number of deals with a disclosed value of at least $50 million) slowed substantially on a year-over-year basis, with total deals declining 71 percent to 26 in first-half 2009 from 90 during first-half 2008. On a quarterly basis, only 12 deals were announced in second-quarter 2009, down slightly from the 14 announced in the prior quarter and a steep drop from the 47 deals announced in the second quarter of last year.
