M&A activity in the UK manufacturing sector has shown remarkable resilience in the first half of 2008 with 103 deals announced worth a combined value of £7.38bn, according to a study by PKF Accountants & business advisers.
The PKF report, Deal Drivers UK, produced in association with mergermarket, showed that H1 2008 deal flow massively surpassed both value and volume levels seen in H2 2007, when 84 deals worth only £2.64bn were announced.
Furthermore, H1 2008 figures compare favorably with those seen in the same time period in H1 2007 period when 112 manufacturing transactions worth £10.81bn were concluded.
Source: Process & Control Today
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