InSight

Exit and Growth Strategies for Middle Market Businesses

M&A Quarterly News In The Industrials Sector

By Steve Hauser | Nov 09, 2018

The 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.

Industry Indicators

  • Total US manufacturers’ shipments, which indicate manufacturing sector activity, rose 7.6% year-to-date in August 2018 compared to the same period in 2017.
  • The spot price of crude oil, which indicates energy prices paid by manufacturers, rose 35.8% in the week ending October 19, 2018, compared to the same week in 2017.

Posted by Stephen Hauser.

Read the Entire Industrials 4th Quarter Newsletter Here


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