Deals
Deal activity by volume related to ESG increased by 111% year-on-year in 2023 in the automotive industry
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Analysis of the key themes driving deal activity reveals that ESG accounted for 554 automotive deals between 2019 and 2023, worth a total value of $75,063m, according to GlobalData’s Deals database covering mergers and acquisitions, private equity, venture financing, equity offerings and partnerships.
The $14bn acquisition of 79% stake in Toshiba by Japan Industrial Partners was the largest disclosed deal in 2023, while the $8bn equity offering by Lucid Group was the largest disclosed deal in 2022.
In volume terms, ESG related deal activity increased by 111% year-on-year in 2023 and by 283% year-on-year in 2022.
Deal activity related to ESG in the global automotive industry in the last five years
Top deals related to ESG in the automotive industry in the last five years
Deal volume by deal type for ESG related deals in the automotive industry in the last five years
Venture Financing accounted for the highest number of deals in the last five years, with 188 deals, followed by Acquisition (129 deals), and Equity Offering (95 deals).
Top financial advisors for ESG related deals by value in the automotive industry in the last five years
The top financial advisors supporting deals related to ESG in the automotive industry in the last five years in terms of value were BofA Securities, UBS Group, SMBC Nikko Securities, Citigroup, and Barclays Capital.
Top legal advisors for ESG related deals by value in the automotive industry in the last five years
The top legal advisors supporting deals related to ESG in the automotive industry in the last five years in terms of value were White & Case, Hengeler Mueller, Simpson Thacher & Bartlett, Kirkland & Ellis, and Wilson Sonsini Goodrich & Rosati Professional.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals database provides comprehensive coverage across industries tracking market activity of global mergers & acquisitions, including asset acquisitions/divestments; private equity deals (PE); venture finance deals (VC); equity offerings, including IPOs, follow-on offerings, and private placements; debt offerings, including private placements, ESG bonds and loans; partnerships; and licensing agreements.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumored deals.
