The first place in the rating of M&A industries in October was taken by the chemical and petrochemical industry

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AK&M 03 December 2021 15:27

The first place in the rating of industries in October 2021 was taken by the chemical and petrochemical industry (57.3%). It is said in the bulletin "Mergers and Acquisitions Market" of the AK&M News Agency

The cost of the only transaction in this industry amounted to $6.048 billion — the takeover of Tatar TAIF by the largest petrochemical company in Eastern Europe, Sibur. The deal was the second largest in the entire history of observations in the industry and the largest concluded in ten months of 2021. At the same time, in October 2020, one transaction was also recorded in the industry, but its value was only $ 30.1 million.

The second place in the rating of industries in October 2021 was taken by the fuel and energy sector (market share — 16.1%) with one transaction worth $ 1.7 billion, whereas during the same period last year, not a single transaction took place in the industry. The largest transaction of this period was the purchase of Siban Holding, created by the owner of A-Property Albert Avdolyan (70%) and ex-CEO of Sibantracite Group Maxim Barsky (30%), 100% of Sibantracite Group, the world leader in the production and export of anthracite. This transaction was the second largest in a month.

In third place was Svyaz, which had a market share of 12.7%, with the third largest billion-dollar deal of the month for $1.336 billion— which is 177 times more than the result of October 2020 ($75.6 million). In October, the largest transaction of the last two years took place in the industry — the purchase of Kismet Capital Group Ivan Tavrin 100% in JSC "First Tower Company", which owns more than 17 thousand cell towers in Russia, from the operator MegaFon.

According to the results of the period, construction and development fell to the fourth place with 20 transactions totaling $770.3 million — this is 3.5 times higher than the result of October 2020. By the number of transactions, the industry occupies 55.6%, by volume — 7.3% of the market. The largest transaction of the reporting period was the acquisition by the PIK Group structure of 100% of Promising Investments LLC, which owns a 19-hectare plot on an Open highway in the Metro Area, next to the Losiny Ostrov National Park, for an estimated $198.5 million.

Mining came in fifth place (market share - 4.7%) with another major deal worth $ 500 million - the acquisition by Highland Gold Mining of Vladislav 100% of the shares of Kamchatka Gold from the Renova Group, whereas in October 2020 there was no activity in mining.

Analysts emphasize that in October 2021, not a single transaction was recorded in such a previously active industry as services.

Read more about the results of the M&A market in October 2021 in issue 283 monthly bulletin "Mergers and Acquisitions Market"AK&M News Agency.

All agency bulletins can be purchased atAK&M Analytical Bulletins and Research Store