Accounting Firms
Manufacturing M&A activity drops in 2023 but appetite for deals remains ‘robust’
Businesses in the engineering services subsector were the most ‘prolific’ deal doers for the fifth year running, representing almost a third (28%) of all completed transactions
UK manufacturing M&A activity fell by more than 10% in 2023 amidst tough economic headwinds, but the sector is hopeful of a rebound in 2024 as manufacturers look to mergers and acquisitions to expedite their growth plans, according to BDO’s Manufacturing Deals Review.
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