Chemicals & Metals Update : First Quarter 2013
Deloitte Financial Advisory Services
This quarter’s Chemicals & Metals Update, produced by Deloitte Financial Advisory Services, summarizes the most recent transactions along with information on the most active buyers, current transaction valuation multiples and an overview of the public market’s perception of the industry.
This quarter’s highlights
European Chemicals & Metals M&A activity increased in Q1 2013 compared to last year. During 2013 the following trends have been observed:
- 70 transactions have been announced during Q1 2013, compared to 62 during Q1 2012;
- 19 private equity backed transactions (either as a buyer or as a seller) have been announced during Q1 2013, which is in line with the same period the year prior;
- Average enterprise value per disclosed deal in 2013 is €1,978m against €1,141m in 2012. Note that this average is calculated based on 27 disclosed deals in 2013 and on 82 disclosed deals for 2012;
- Median transaction multiples increased from 7x in 2012 to 8x EBITDA ratio in 2013.
Download the Chemicals & Metals Update for more info.