Transport, Logistics and Tourism Industry Leader at PwC Germany
Tel: +49 201 438-1107
On this site you will find our semi-annual analyses on mergers, acquisitions, joint ventures and strategic alliances in the transport and logistics industry. “Transport & Logistics Barometer” is an elevated version of the former M&A Reports (until 2019). All issues are available for download here.
Digital transformation, new players, changing business models: transport and logistics are in a state of flux. What impact do deals have on the industry? How is digitalisation changing the face of an entire industry? With our Transport & Logistics Barometer, we provide answers – and not just to these questions. The Barometer provides a 360-degree view of the entire industry and analyzes what impact social change and global megatrends are having on the industry.
“In the first half of 2022, M&A activity in the transport and logistics industry experienced a cool down. This development is primarily due to a general sense of uncertainty, which was intensified by the Russian invasion of Ukraine and the resulting consequences – such as skyrocketing energy prices, high personnel costs and disrupted supply chains. However, 2021 was a record year for deal activity; mergers and acquisitions in the first six months of this year are still at a comparatively stable level.”
After a record year in 2021, global mergers and acquisitions in the transport and logistics industry were slightly down in the first half of 2022. Between January and June, a total of 129 deals with a combined value of USD 125.9 billion were announced. Strategic investors were particularly active, participating in almost every second deal (46 per cent).
China appears conspicuously weak in the M&A half-year interim assessment: Deal activity here is at its lowest level in ten years.
The largest acquisition during the first half of the year accounted for a good 40 per cent of the total deal volume: Blackstone and the Italian Benetton family announced that they would acquire the remaining 66.6 per cent of the Italian transport infrastructure group Atlantia via a joint investment vehicle – for USD 52 billion.
PwC and Strategy& experts are generally positive about the prospects for the further development of the industry in the second half of the year – provided that the geopolitical situation does not deteriorate further. They expect that M&A activity could remain stable at the current level.
Important drivers for deal activity in the industry are the growth ambitions of transport and logistics companies, the optimisation and control of supply chain processes and the expansion of their own service portfolios.