M&A to increase in transport sector

26/02/2010 M&A to increase in transport sector

The transport and logistics (T&L) sector is set to see an increase in mergers and acquisitions (M&A's) in 2010, according to one expert.

Dr Ashley Steel, global head for transport at KPMG, noted that there was an appetite in the market, but the majority of deals would probably be in the small and medium-sized enterprises area of industry.

He added: "We will probably see a number of small transactions by buyers focusing on strategic assets of [a] smaller size that can be acquired with less debt and are easier to integrate."

The developments in T&L mirror those of the whole economy, he remarked, with North America still battling the repercussions of the downturn - while Asia continues to grow.

A recent survey by PricewaterhouseCoopers found that M&A activity was likely to improve this year, after 2009 saw it drop to its lowest level in six years with only £70 billion worth of deals completed.

Search for tax jobs with Integral, the experts in tax recruitment.
ADNFCR-1739-ID-19641145-ADNFCR

News Home Email a friend Print Article

Related Jobs

Transfer Pricing Manager

Location: London

Salary: GBP55K - GBP75K

This busy TP group have now signed off the need for a manager to come on board and join a group that...
Transfer Pricing Director

Location: London

Salary: GBP90K - GBP150K bonus

Rare opportunity to join this leading TP Group at a senior level. This group want to speak with TP ...
Corporate Tax Manager

Location: London

Salary: GBP50K - GBP68K bonus

Brand new role, due to continued growth, to work in a small team of this leading organisation. They...