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North American Merger and Acquisition Report, November 2021

By FirmoGraphs Staff
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In November, we recorded 59 completed transactions related to the North American M&A market in 12 different industries, a higher activity level than in previous months. With 14 completed transactions, the engineered products industry was the most active industry! 

As always, our focus is on those operationally-intensive industries that are of interest to our clients, like utilities and manufacturing.


 

Utilities

There were six completed M&A deals in the utilities industry, all of them related to renewable power. Although most deals occurred in the electricity sector, the largest deal was completed in the telecommunication segment. Radiate HoldCo acquired Chicago, Evansville, Indiana, and Anne Arundel, Maryland service areas from WOW! for $661 million.

 

Oil Industry

FirmoGraphs recorded 11 completed deals in the oil and gas industry, the highest level this year. Supported by the highest oil prices in the last few years, many deals were completed and announced in November. The largest completed transaction was Chesapeake’s acquisition of Vine Energy in a deal worth $2.2 billion.

 

Engineered Products 

With 14 completed transactions, the engineered products industry was the most active in November. The largest deal was RBC Bearings’ acquisition of the DODGE mechanical power transmission division from Asea Brown Boveri for $2.9 billion. Another deal that has to be mentioned is CNH Industrial’s completed acquisition of Raven Industries, valued at $2.1 billion.

 

Healthcare

In total, 11 transactions were completed in the healthcare industry last month. The largest acquisition was Pfizer’s purchase of Trillium Therapeutics for $2.22 billion. 

 

Other Industries

In other industries, the largest completed deal was the acquisition of Solenis by Platinum Equity in the deal valued at $5.25 billion.



Three Biggest Transactions in November by Deal Value

Acting organization

Target Organization

Industry

Deal Value

Platinum Equity

Solenis

Chemical

$5,250,000,000

RBC Bearings Incorporated 

ABB

Engineered Products

$2,900,000,000

Pfizer

Trillium Therapeutics

Healthcare

$2,260,000,000


Announced Future Deals

In addition to completed transactions, FirmoGraphs recorded almost 40 announced future deals. Among the announced deals, the most notable are:

  • DuPont’s planned purchase of Rogers Corporation for $5.2 billion; 
  • Acquisition of Atotech by MKS Instruments worth $5.1 billion;
  • Novo Nordisk’s acquisition of Dicerna Pharmaceuticals, valued at $3.3 billion.

FirmoGraphs watches North American industrial news and curates a normalized version of monthly merger and acquisition information. This way, you can leverage the Merger Mart along with others (such as Power, Water) to generate your own unique observations for the US industrial market.  

Our favored BI solution, Qlik Sense™ Enterprise, makes mashing-up multiple data sets fun and easy. Our customers find new opportunities to grow revenue, and reduce risk, by combining the Merger Mart with their own proprietary CRM and market data.

Having a good understanding of customer M&A activities can be key to the health of your business. Click here to learn more.

Tags: mergers, acquisitions