In the Asia-Pacific industrial goods & machinery industry, there were 116 M&A deals announced in Q1 2023, worth a total value of $4.3bn, according to GlobalData’s Deals Database. The $972.2m minority acquisition of tianjin jianlong iron & steel industry by beijing jianlong heavy industry group was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Construction Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

In value terms, M&A activity in Asia-Pacific decreased by 31% in Q1 2023 compared with the previous quarter’s total of $6.2bn and rose by 285% as compared to Q1 2022. Related deal volume increased by 9% in Q1 2023 versus the previous quarter and was 14% higher than in Q1 2022.

The top-ranked financial advisors supporting these M&A deals in Asia-Pacific in Q1 2023 were Guotai Junan Securities; Insas; Kotak Mahindra Bank with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in Asia-Pacific Q1 2023 were CORP Abogados y Economistas; Grandall Legal Group; IndusLaw with 1, 1, 1 deals respectively.

For further understanding of GlobalData's Construction Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.

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