Midwest mergers and acquisitions deal value over the first half of 2014 has already surpassed the value of deals for all of 2013, according to a recent report from MergerMarket.
The Midwest M&A Trend Report: H1 2014 shows the 464 Midwest deals in the first half of 2014 totaled $113.6 billion, far above the $79.7 billion in Midwest deal value for 2013 as a whole.
The Midwest area in the report includes Wisconsin, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio and South Dakota.
Among the top deals was Milwaukee-based Wisconsin Energy Corp.’s $9 billion acquisition of Chicago-based Integrys Energy Group Inc.
Consumer M&A was the most active sector by deal value over the first half of the year, with Japan-based Suntory Holdings’ acquisition of Deerfield, Ill.-based Beam accounting for $15.4 billion of the $28.3 billion total.
In the industrials and chemicals sector, 156 deals were completed for a total of $25.6 billion, up from 92 deals totaling $6.9 billion in the first half of 2013.
There were 34 deals worth $17.2 billion in the pharma, medical and biotech industry, an 841 percent increase from the first half of 2013.
