Mergers & Acquisitions (M&A) in industrial manufacturing and automotive sectors is expected to increase during 2024, as market challenges such as inflation and higher interest rates are likely to ameliorate.

Rapid technological advancements, such as artificial intelligence (AI), automation and digital transformation are strategic areas of focus for M&A opportunities. Companies are looking to acquire new technologies or digital capabilities to stay competitive or expand their market presence. Companies with strong R&D teams or innovative products will be a focus for dealmakers as their organizations attempt to accelerate their own efforts, shorten time to market and stay ahead of competitors.

Mergers & Acquisitions PWC Jan 23rd., 2024