• 13-AUG-2010

M&A Deal Activity in Global Transportation & Logistics and Industrial Manufacturing Sectors Continues Upward Momentum in Q2 2010, Reports PwC

PricewaterhouseCoopers signage, London
The merger and acquisition (M&A) deal activity in the global transportation and logistics (T&L) sector was strong, and the pace of quarterly deal activity generally remained above the post-bubble lows of 2009, according to new reports from PricewaterhouseCoopers LLP. In Q2 2010 there were 29 announced deals, a quarterly total that far exceeds the pace of 2009, for a total announced deal value of $13.1 billion. The M&A activity in the global industrial manufacturing (IM) industry showed marked improvement from the first quarter of 2010, with an increase in both deal volume and value in the second quarter of 2010. There were 33 announced deals worth $50 million or more, which is more than double the 14 deals announced in Q1 2010. Available material includes general views of PwC's offices around the world and the complete sector reports for both T&L and IM sectors.