In the German oil & gas industry, there were 7 M&A deals announced in Q3 2023, worth a total value of $114.6m, according to GlobalData’s Deals Database. The $114.6m acquisition of Siemens by Valmet was the industry’s largest disclosed deal. GlobalData’s Oil and Gas Industry Mergers and Acquisitions Deals report for Q3 2023 uncovers key trends behind the oil & gas 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, M&A activity in Germany remained flat in Q3 2023 compared with the previous quarter and as compared to Q3 2022. Related deal volume increased by 75% in Q3 2023 versus the previous quarter and was 42% lower than in Q3 2022.
The top-ranked financial advisors supporting these M&A deals in Germany in Q3 2023 were Moelis & Co; Nomura; Rothschild & Co with 1, 1, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in Germany Q3 2023 were Cleary Gottlieb Steen & Hamilton; Clifford Chance; CMS Legal Services EEIG with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 – 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.
