Strong Activity In Third Quarter
The industrial automation sector has always been a dynamic field, with technological advancements driving change and innovation. In the first half of 2023, this sector witnessed a surge in mergers and acquisitions (M&A) activity, reflecting the industry’s evolution and the strategic moves companies are making to position themselves for the future. While the third quarter did not set any records, the activity remained strong, slightly higher than the third quarter of 2022 and well ahead of pre-COVID rates.
Highlights from the report:
- Industrial Automation acquisitions for Q3 2023 were slightly lower than the first two quarters of 2023.
- The Q3 5-year comparison shows that the number of acquisitions is on par with or slightly higher than third number quarters from past years.
- Healthy investment activity is expected to continue, which will result in a positive overall year total for Industrial Automation acquisitions.
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