Total oil & gas industry M&A deals worth $19.6bn were announced globally in July 2021, led by MKS Instruments’ $6.5bn acquisition of Atotech Deutschland, according to GlobalData’s deals database.
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The value marked an increase of 60.4% over the previous month of $12.2bn and a rise of 35.7% when compared with the last 12-month average, which stood at $14.42bn.
Comparing M&A deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $14.08bn. At the country level, the Germany topped the list in terms of deal value at $11.25bn.
In terms of volumes, North America emerged as the top region for oil & gas industry M&A deals globally, followed by Asia-Pacific and then Europe.
The top country in terms of M&A deals activity in July 2021 was the US with 31 deals, followed by the Canada with 11 and India with four.
In 2021, as of July, oil & gas M&A deals worth $81.56bn were announced globally, marking an increase of 37.7% year on year.
oil & gas industry M&A deals in July 2021: Top deals
The top five M&A deals accounted for 77.4% of the overall value during July 2021.
The combined value of the top five oil & gas M&A deals stood at $15.14bn, against the overall value of $19.6bn recorded for the month.
The top five oil & gas industry M&A deals of July 2021 tracked by GlobalData were:
1) Atotech Deutschland $6.5bn acquisition deal with MKS Instruments
2) The $4.75bn acquisition of Allnex Germany by PTTGC International (Netherlands)
3) GRTgaz $1.99bn acquisition deal for 11.5% stake in Caisse des Depots et Consignations and CNP Assurances
4) PT Chandra Asri Petrochemical $1.18bn acquisition deal for 15.38% stake with Thai Oil Public
5) The $722.5m acquisition of 20% stake in General Chemical by Hanwha Energy and Hanwha Solutions
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.