In the current issue of our SektorReport Mobility Q3 2024, we look at the opportunities presented by restructuring in distressed M&A for the German automotive sector - especially for companies in niche industries and courageous financial investors.
Meanwhile, the automotive industry continues to face challenges ranging from the rise of Asian competition to macro and geopolitical tensions. Nonetheless, there is still a great deal of potential in the largest automotive nation, which can be unleashed through restructuring, especially in companies in crisis.
The current increase in distressed transactions for the first time since the coronavirus pandemic illustrates the burgeoning hope on the market. Among other things, such transactions can create synergies in purchasing, secure jobs in the target company and simply help to optimize the corporate structure. In July of this year, Transfer Partners successfully advised Mendritzki Holding GmbH & Co. KG on the carve-out of its subsidiary, finova Feinschneidetechnik GmbH, a supplier to the automotive industry.
Meanwhile, a holistic view of the automotive and mobility sector underlines the cautiously budding hope due to brisk M&A activity and a slight increase in multiples. Meanwhile, the picture on the stock market remains mixed, with listed automotive suppliers in particular suffering further setbacks.