In the Brazilian construction & real estate industry, there were 2 M&A deals announced in Q1 2024, worth a total value of $2.9m, according to GlobalData’s Deals Database. The $2.9m acquisition of TecnoFrame by SteelCorp was the industry’s largest disclosed deal. GlobalData’s Construction Industry Mergers and Acquisitions Deals report for Q1 2024 uncovers key trends behind the Construction Industry M&A deals and helps gain a comprehensive understanding of the disruptive themes driving most notable to deals.
In value terms, M&A activity in Brazil decreased by 98% in Q1 2024 compared with the previous quarter’s total of $130m and fell by 95% as compared to Q1 2023. Related deal volume remained flat in Q1 2024 versus the previous quarter and was 67% lower than in Q1 2023.
For further understanding of GlobalData's Construction Industry Mergers and Acquisitions Deals by Top Themes in Q1 2024 – Thematic Intelligence,
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