Emerging Europe M&A Top Deals in 2017
Guest Blog by EMIS – Esmeralda del Olmo, Marketing Executive
Dealmakers were active across the region in 2017 as CEE enjoyed robust economic growth though fewer megadeals meant overall M&A values were lower than in 2016. Concerns that seemingly fragile political environments would detract from M&A activity within emerging Europe were put to rest. The year closed with a 6.4% increase on 2016’s deal volume and although the total value of deals was well down on 2016, it passed the EUR 71.5bn mark, well ahead of 2015 and above 2014 levels.
The year began with investors cautious about the outcome of the US elections, the impact of the Brexit vote and voters going to the polls across Europe. Confidence picked up as the new president settled in at the White House, negotiations got underway on the UK’s withdrawal from the EU and the seismic shift to the far right that many had feared in Western Europe failed to materialise.
This was reflected in the CMS European M&A Outlook published in September 2017 in which executives predicted M&A activity rising over the coming year, driven by non-European buyers, the need to diversify into new markets, attractive valuations and technological change.
CEE economic growth outpaced that of Western Europe, Japan and the US once again in 2017, a performance that has not gone unnoticed by investors and all the signs at the start of 2018 point to another year of solid M&A activity.