M&A Quarterly News In The Industrials Sector
By Steve Hauser | Nov 09, 2018The report below gives a good overview of the fourth quarter M&A activity in the Industrials sector. M&A activity for North American based target companies in the Industrials sector for Q3 2018 included 95 closed deals, according to data published by industry data tracker FactSet.
Fully one-third of the transactions had a Non-U.S. company as either the direct acquiror or the acquiror’s ultimate parent. Canadian and German firms were the most active buyers, and Sandvik AB from Sweden was involved in two transactions. Several of these are in the highlighted transactions table below. We believe the robust U.S. economy and more now-attractive corporate tax rates will auger well for strong additional in-bound investment.
Another six of the transactions were in the Oil & Gas industry, specifically drilling and development goods and equipment.