Industrial Machinery & Components (IM&C)

M&A Update | Q4 2024

Latest market trends, valuation levels and deals in the industrial machinery & components sector

The latest report highlights slightly declining valuation levels and solid M&A activity in the IM&C sector in the last quarter of 2024.

We are pleased to provide you with the latest edition of our Industrial Machinery & Components (IM&C) industry report, which highlights key industry trends and provides an up-to-date insight on valuation levels and selected transactions.

Our analysis shows that valuations of publicly traded companies in the IM&C sector stabilized at 8.6x EV/EBITDA after reaching short-term highs in September. This indicates a more balanced perspective on valuations, while upside potential remains toward the median level of 9.4x EV/EBITDA.

In Q4 2024, the industry reported robust M&A activity, with 213 completed transactions despite ongoing global economic headwinds. Transactions focused on automation and digital transformation, aiming to boost efficiency and drive innovation.

Cross-border deals accounted for 55% of total transactions, highlighting sustained interest from international investors, notably in Asia and the U.S. Meanwhile, financial sponsors are increasingly influential, facilitating acquisitions with a clear long-term strategy.

We welcome your feedback and are happy to discuss the latest industry trends with you in person!