Automotive Sector Update Q1-2023

Global Automotive M&A transaction deal flow Q1-2023.

• Executive summary — Automotive Suppliers Q1-2023

• M&A transactions Q1-2023 (selection)

• Automotive Suppliers — M&A activity over time

  Q1-2023 observed 99 deals — global automotive supplier M&A activity significantly above Q4-2022 and in line with previous highs

• Global Automotive M&A transaction deal flow

• Recent sector share price performance

• Implied multiples. European Suppliers

• Sales growth rates & operating margins. European Suppliers

• Implied multiples. North American Suppliers

• Sales growth rates & operating margins. North American Suppliers