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{"id":14913,"date":"2020-12-28T17:02:52","date_gmt":"2020-12-28T16:02:52","guid":{"rendered":"https:\/\/www.berylls.com\/?p=14913"},"modified":"2025-08-13T11:19:15","modified_gmt":"2025-08-13T09:19:15","slug":"are-automotive-companies-old-news","status":"publish","type":"post","link":"https:\/\/www.berylls.com\/en\/are-automotive-companies-old-news\/","title":{"rendered":"Are automotive companies old news?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"14913\" class=\"elementor elementor-14913\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5754e575 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"5754e575\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-22d9952a\" data-id=\"22d9952a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a22e859 elementor-widget elementor-widget-kyl_post_header\" data-id=\"a22e859\" data-element_type=\"widget\" data-widget_type=\"kyl_post_header.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n       <div class=\"kyl-cat_header\">\n           <div class=\"header-wrapper\" style=\"background-image:url('https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/iStock-1098336866-scaled.jpg')\">\n                <div class=\"text-wrapper container\">\n                    <div class=\"inner-wrapper\">\n\n                        <div class=\"pre-heading\">\n\n\t\t                                                            <span class=\"post_topic\">DACH Automotive Industry<\/span>\n\t\t\t\t                    \n                        <\/div>\n\n\n                            <h1 class=\"heading\">Are automotive companies old news?<\/h1>\n\n                        <span class=\"date\">Munich, December 2021<\/span>\n                    <\/div>\n                <\/div>\n           <\/div>\n       <\/div>\n        \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-62af956b sec-w-sidebar sec-w-content elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"62af956b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-4747341e col-content\" data-id=\"4747341e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-22bf8b0 elementor-widget elementor-widget-spacer\" data-id=\"22bf8b0\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a9d71a9 elementor-widget elementor-widget-text-editor\" data-id=\"a9d71a9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><i><span style=\"font-weight: 400;\">Berylls survey of M&amp;A transactions in the automotive industry (DACH)<\/span><\/i><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-267700c0 elementor-widget elementor-widget-kyl_introtext\" data-id=\"267700c0\" data-element_type=\"widget\" data-widget_type=\"kyl_introtext.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n        <div class=\"kyl_blog_introtext\">\n\n\n            \n                <div class=\"introtext\">\n\n                                          <span class=\"first-letter\">T<\/span>\n                                          <p> <strong>he Covid year 2020<\/strong> has had a significant effect on company takeovers by automotive companies in German-speaking countries. This is shown by Berylls Strategy Advisors\u2018 annual survey of M&amp;A transactions in the mobility industry. The number of transactions has fallen by 23 per cent in comparison with the previous year and stood at 226 deals (293 in 2019).<\/p>\n\n                <\/div>\n\n            \n\n        <\/div>\n        \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3bad6bd elementor-widget elementor-widget-spacer\" data-id=\"3bad6bd\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d8f449 elementor-widget elementor-widget-menu-anchor\" data-id=\"3d8f449\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"statements\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-453c738e elementor-widget elementor-widget-text-editor\" data-id=\"453c738e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-75211604 col-sidebar align-right\" data-id=\"75211604\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5f7fbca visually-hidden elementor-widget elementor-widget-heading\" data-id=\"5f7fbca\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Insight download and author information\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6e0ce83 elementor-widget elementor-widget-spacer\" data-id=\"6e0ce83\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-75558ee9 elementor-widget elementor-widget-kyl_ist_authors\" data-id=\"75558ee9\" data-element_type=\"widget\" data-widget_type=\"kyl_ist_authors.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n        <div class=\"kyl_list-authors\">\n            <div class=\"author-wrapper\">\n                                    <div class=\"title\">\n<!--                        <h3 class=\"heading\">--><!--<\/h3>-->\n\t                    <h2 class=\"heading\">Author<\/h2>                    <\/div>\n                \n                                <div class=\"author\">\n                    <div class=\"author_infos\">\n                        <p class=\"name\">Dr. Jan Dannenberg<\/p>\n                        <p class=\"position\">Partner<\/p>\n                        <p class=\"email\">jan.dannenberg@berylls.com<\/p>\n                    <\/div>\n                    <div class=\"author-image-wrapper\">\n                        <div class=\"author-image\" style=\"background-image:url(https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Dannenberg-1.png)\">\n                            <div class=\"hexTop\"><\/div>\n                            <div class=\"hexBottom\"><\/div>\n                        <\/div>\n                        <a class=\"author_linkedin\" href=\"https:\/\/www.linkedin.com\/in\/dr-jan-dannenberg-7a60b6137\/?originalSubdomain=de\" target=\"_blank\"><\/a>\n                    <\/div>\n\n                <\/div>\n                                <div class=\"author\">\n                    <div class=\"author_infos\">\n                        <p class=\"name\">Benjamin Bierl<\/p>\n                        <p class=\"position\">Consultant<\/p>\n                        <p class=\"email\">benjamin.bierl@berylls.com<\/p>\n                    <\/div>\n                    <div class=\"author-image-wrapper\">\n                        <div class=\"author-image\" style=\"background-image:url(https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Benjamin-Bierl.png)\">\n                            <div class=\"hexTop\"><\/div>\n                            <div class=\"hexBottom\"><\/div>\n                        <\/div>\n                        <a class=\"author_linkedin\" href=\"https:\/\/www.linkedin.com\/in\/benjamin-bierl-85893a114\/\" target=\"_blank\"><\/a>\n                    <\/div>\n\n                <\/div>\n                \n                <!--\n                wp_list_authors(array(\n                    'show_fullname' => 1,\n                    'orderby'       => 'post_count',\n                    'order'         => 'DESC',\n                )); -->\n\n            <\/div>\n\n        <\/div>\n\n\n\n        \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-45edf1a elementor-widget elementor-widget-kyl_table_of_contents\" data-id=\"45edf1a\" data-element_type=\"widget\" data-widget_type=\"kyl_table_of_contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n       <div class=\"kyl-cat_table_contents\">\n           <div class=\"content-wrapper\">\n                <div class=\"title\">\n                                            <h5 class=\"heading\">Chapter<\/h5>\n                                    <\/div>\n               <div class=\"table_contents list\">\n                                    <div class=\"content\">\n\n                       \n                        <a class=\"content_title\" href=\"#2020\"><h5>1. Are automotive companies old news?<\/h5><\/a>\n                    <\/div>\n                                    <div class=\"content\">\n\n                       \n                        <a class=\"content_title\" href=\"#digitale\"><h5>2. Buying was favourable in 2020<\/h5><\/a>\n                    <\/div>\n                                    <div class=\"content\">\n\n                       \n                        <a class=\"content_title\" href=\"#digital\"><h5>3. Digital business models work better<\/h5><\/a>\n                    <\/div>\n                                    <div class=\"content\">\n\n                       \n                        <a class=\"content_title\" href=\"#china\"><h5>4. Chinese buyers stay away<\/h5><\/a>\n                    <\/div>\n                                    <div class=\"content\">\n\n                       \n                        <a class=\"content_title\" href=\"#2021\"><h5>5. 2021 is ready for the recovery<\/h5><\/a>\n                    <\/div>\n                               <\/div>\n           <\/div>\n\n                        <div class=\"chapter_menu\">\n                                        <span class=\"heading\">Current Topic<\/span>\n                                    <div class=\"content-wrapper\">\n                      <span class=\"progress\"><\/span>\n                      <select class=\"content\">\n                      \n                              <option value=\"2020\" class=\"content_title\" data-link=\"2020\">Are automotive companies old news?<\/option>\n\n                      \n                              <option value=\"digitale\" class=\"content_title\" data-link=\"digitale\">Buying was favourable in 2020<\/option>\n\n                      \n                              <option value=\"digital\" class=\"content_title\" data-link=\"digital\">Digital business models work better<\/option>\n\n                      \n                              <option value=\"china\" class=\"content_title\" data-link=\"china\">Chinese buyers stay away<\/option>\n\n                      \n                              <option value=\"2021\" class=\"content_title\" data-link=\"2021\">2021 is ready for the recovery<\/option>\n\n                                            <\/select>\n                <\/div>\n              <\/div>\n\n          \n       <\/div>\n        \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-12727911 sec-w-content elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"12727911\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4eb67ffb col-content\" data-id=\"4eb67ffb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-29d2dd2 elementor-widget elementor-widget-spacer\" data-id=\"29d2dd2\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8048c8 elementor-widget elementor-widget-menu-anchor\" data-id=\"d8048c8\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"wachstum\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f4bf9a elementor-widget elementor-widget-menu-anchor\" data-id=\"1f4bf9a\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"2020\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3be864 elementor-widget elementor-widget-text-editor\" data-id=\"e3be864\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h3><b>Buying was favourable in 2020<\/b><\/h3><p><span style=\"font-weight: 400;\">The structure of <a href=\"https:\/\/www.berylls.com\/top-100-automotive-suppliers-in-2020\/\">transactions<\/a> has changed in just about all dimensions, and this is clearly reflected in the attitudes of buyers and sellers in the crisis year and towards the automotive industry in general. On the supply side (sellers) there was little willingness to sell (one\u2019s) company. The \u201ccurrent trading\u201c and expectations of growth and results were bad in 2020, with the result that even for attractive companies a seller would obtain a bad selling price. Supply was increased by \u201cforced\u201c purchases: in 2020 the number of companies purchased from insolvency nearly doubled (11 per cent of all company sales), compared with the average in the previous three years. Furthermore, a good 10 to 15 per cent of companies were offered on the market under pressure from investors. Admittedly the average size of mobility companies sold increased, but the prices (equity value) were considerably lower: about <span style=\"color: #ee754f;\"><strong>25 to 30 per cent below the long-term average of previous years. <\/strong><\/span><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-316a278 elementor-widget elementor-widget-spacer\" data-id=\"316a278\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f48b58f elementor-widget elementor-widget-menu-anchor\" data-id=\"f48b58f\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"digital\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-97ecbd5 elementor-widget elementor-widget-menu-anchor\" data-id=\"97ecbd5\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"verluste\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4875a74 elementor-widget elementor-widget-menu-anchor\" data-id=\"4875a74\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"retail\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4e8e9552 elementor-widget elementor-widget-text-editor\" data-id=\"4e8e9552\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h3><b>Digital business models work better<\/b><\/h3><p><span style=\"font-weight: 400;\">Automotive companies with a \u201cclassic\u201d business model were more difficult to sell (-34 per cent) than those with \u201cdigital\u201c (-13 per cent). Classic engineering service providers, automotive suppliers or mechanical engineering companies could be sold more rarely than in previous years. Start-up companies and players which focus on e-mobility, are internet based, offer innovative mobility concepts or are focused on digital infrastructure, were considerably easier to sell.<\/span><\/p><p><span style=\"font-weight: 400;\">The financial investors\u2019 share has decreased slightly in 2020, by around -5 per cent. Also fewer private equity investors have contributed growth strategies in acquisitions. As ever, when it comes to classic buy-outs the automotive industry is known to be very difficult terrain. On the other hand, PE institutions with clear focus on special acquisitions are going places, on the one hand with takeovers of insolvent players, on the other with suppliers, mechanical engineering companies and the downstream sector, which are supported by banks\u2018 workout departments. <\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eb0f016 elementor-widget elementor-widget-menu-anchor\" data-id=\"eb0f016\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"digitale\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7773842 elementor-widget elementor-widget-spacer\" data-id=\"7773842\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d399152 elementor-widget elementor-widget-menu-anchor\" data-id=\"d399152\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"china\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20c2928 elementor-widget elementor-widget-text-editor\" data-id=\"20c2928\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h3><b>Chinese buyers stay away<\/b><\/h3><p><span style=\"font-weight: 400;\">The field of buyers from abroad has also become considerably smaller. In 2020, 75 per cent of buyers came from German-speaking countries, another 10 per cent from the rest of Europe, and the rest from the Far East or US. Most notably, Chinese, Japanese, and US Americans have stayed away from the German market during the past year. The number of Chinese buyers has halved since\u00a0 peak value was reached in 2016 (19 transactions and 9 takeovers).<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a1c3773 elementor-widget elementor-widget-spacer\" data-id=\"a1c3773\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8afdb36 elementor-widget elementor-widget-menu-anchor\" data-id=\"8afdb36\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"2021\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9300aab elementor-widget elementor-widget-menu-anchor\" data-id=\"9300aab\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"vermischen\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7daff8ce elementor-widget elementor-widget-text-editor\" data-id=\"7daff8ce\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h3><b>2021 is ready for the recovery<\/b><\/h3><p><span style=\"font-weight: 400;\">Interest in mobility companies has been growing since the 4th quarter of 2020. Both financial investors and strategic buyers are active again on the market. A complete recovery is not yet in sight. Berylls is anticipating a peak year for sales in 2023 at the latest. The transformation will result in numerous carve-outs for suppliers who were pushed into the background by the Covid crisis. Prices are rising again slightly, and above all the financial investors, who account for about 20 per cent of all takeovers, will be thinning out their automotive portfolios and focusing on new acquisitions.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-03c6008 elementor-widget elementor-widget-spacer\" data-id=\"03c6008\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e67950d elementor-widget elementor-widget-image\" data-id=\"e67950d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide31-1024x576.png\" class=\"attachment-large size-large wp-image-14888\" alt=\"Table showing selected automotive suppliers\u2019 sales from FY2018 to Q4\/2020 in EUR billions, with percentage changes by period. Most 2020 figures are negative, reflecting the sales decline during the COVID-19 pandemic.\" srcset=\"https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide31-1024x576.png 1024w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide31-300x169.png 300w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide31-768x432.png 768w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide31-1536x864.png 1536w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide31-2048x1152.png 2048w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide31-260x146.png 260w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide31-50x28.png 50w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide31-133x75.png 133w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide31-45x25.png 45w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide31-1200x675.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b724ce3 elementor-widget elementor-widget-spacer\" data-id=\"b724ce3\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-89295e3 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"89295e3\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eece993 elementor-widget elementor-widget-spacer\" data-id=\"eece993\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a3e8ad3 elementor-widget elementor-widget-image\" data-id=\"a3e8ad3\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide32-1024x576.png\" class=\"attachment-large size-large wp-image-14890\" alt=\"Table showing percentage changes in income for selected automotive suppliers from 2018 to Q4\/2020, with values highlighted in red (negative), yellow (neutral), and green (positive) to show quarterly and yearly trends.\" srcset=\"https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide32-1024x576.png 1024w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide32-300x169.png 300w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide32-768x432.png 768w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide32-1536x864.png 1536w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide32-2048x1152.png 2048w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide32-260x146.png 260w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide32-50x28.png 50w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide32-133x75.png 133w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide32-45x25.png 45w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide32-1200x675.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-445a6d8 elementor-widget elementor-widget-spacer\" data-id=\"445a6d8\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ea9f988 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"ea9f988\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5dc78a7 elementor-widget elementor-widget-spacer\" data-id=\"5dc78a7\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-abc5799 elementor-widget elementor-widget-image\" data-id=\"abc5799\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide33-1024x576.png\" class=\"attachment-large size-large wp-image-14895\" alt=\"A table comparing major car manufacturers\u2019 incomes in billions of euros from 2018 to Q4 2020, with yearly percentages and color-coded changes showing declines and growth for each company. Berylls logo appears at the bottom right.\" srcset=\"https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide33-1024x576.png 1024w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide33-300x169.png 300w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide33-768x432.png 768w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide33-1536x864.png 1536w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide33-2048x1152.png 2048w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide33-260x146.png 260w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide33-50x28.png 50w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide33-133x75.png 133w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide33-45x25.png 45w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide33-1200x675.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cec9b73 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"cec9b73\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0781cff elementor-widget elementor-widget-spacer\" data-id=\"0781cff\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b88d298 elementor-widget elementor-widget-image\" data-id=\"b88d298\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide34-1024x576.png\" class=\"attachment-large size-large wp-image-14897\" alt=\"A data table compares major automotive OEMs\u2019 incomes (in EUR million) and profit margins from 2018 to Q4\/2020, highlighting income changes in green, yellow, and red. Some OEMs show significantly lower incomes for 2020.\" srcset=\"https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide34-1024x576.png 1024w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide34-300x169.png 300w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide34-768x432.png 768w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide34-1536x864.png 1536w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide34-2048x1152.png 2048w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide34-260x146.png 260w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide34-50x28.png 50w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide34-133x75.png 133w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide34-45x25.png 45w, https:\/\/www.berylls.com\/wp-content\/uploads\/2021\/12\/Slide34-1200x675.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-90bc053 elementor-widget elementor-widget-spacer\" data-id=\"90bc053\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-51098b1 elementor-widget elementor-widget-spacer\" data-id=\"51098b1\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-42f50fe elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"42f50fe\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3a90a1 elementor-widget elementor-widget-text-editor\" data-id=\"e3a90a1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><b>Berylls Strategy Advisors would be happy to support you in this key decision process.<\/b><\/p><p>Arthur Kipferler complements the expertise of the Berylls partner team in the fields of market &amp; customer, technologies, sales, and digitalization, as well as in the development and implementation of corporate, product, and regional strategies.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-a755b1d elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a755b1d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-narrow\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-459667b\" data-id=\"459667b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b434b3c elementor-align-right elementor-mobile-align-justify elementor-widget-mobile__width-initial elementor-widget elementor-widget-button\" data-id=\"b434b3c\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.berylls.com\/kontakt\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact us<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-35cce5a\" data-id=\"35cce5a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-30ada60 elementor-align-justify elementor-mobile-align-justify elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-widget elementor-widget-button\" data-id=\"30ada60\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.berylls.com\/career\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Career<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-44d7425 elementor-hidden-desktop elementor-hidden-tablet elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"44d7425\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-narrow\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element 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elementor-element-caedc25 elementor-align-justify elementor-mobile-align-justify elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-hidden-desktop elementor-hidden-tablet elementor-widget elementor-widget-button\" data-id=\"caedc25\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.berylls.com\/career\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Career<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e0a715d\" data-id=\"e0a715d\" data-element_type=\"column\">\n\t\t\t<div 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Munich, December 2021 Berylls survey of M&amp;A transactions in the automotive industry (DACH) T he Covid year 2020 has had a significant effect on company takeovers by automotive companies in German-speaking countries. This is shown by Berylls Strategy Advisors\u2018 annual survey of M&amp;A transactions in the mobility [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":14910,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[72,85],"tags":[84],"class_list":["post-14913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-berylls-x-automotive-suppliers-en","category-featured-insights-en","tag-dach-automotive-industry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Are automotive companies old news? - Berylls - making automobility viable<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.berylls.com\/en\/are-automotive-companies-old-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are automotive companies old news? - Berylls - making automobility viable\" \/>\n<meta property=\"og:description\" content=\"DACH Automotive Industry Are automotive companies old news? 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