US-based mergers and acquisitions activity in the industrial manufacturing sector increased in the second half of 2013, with a 20% uptick in activity in the final six months of the year compared to the first half, according to Assembling Value, an annual analysis of global deal activity in the industrial manufacturing industry by PwC US.
Despite that increase, the full year 2013 finished with 152 announced transactions for a total value of $59.7bn, compared to all of 2012, which recorded 165 deals worth $84.8bn. While 2013 as a whole marks the second consecutive annual decline, deal activity in the second half of the year increased with 83 deals worth $35.7bn…
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