According to the CSE M&A Barometer prepared by EY, 2016 was slightly weaker than the previous year in terms of the number of M&A transactions in the Central and South Eastern European (CSE) region.
Overall, 1,165 transactions were completed in the CSE region, representing a 9% decrease, year-on-year. The Czech Republic was the most active country in terms of deal volume, followed by Turkey and Poland. The IT sector was the most active target industry in the CSE region for a third consecutive year.
The M&A market in Slovakia copied the prevailing trend in the region and we saw a decline in the number of deals. During 2016, investors closed a total of 41 transactions in Slovakia. As a result, Slovakia experienced a year-on-year decline of almost 37%.
The most active target industry was Banking and Financial Services, dominating in both monitored areas, in the number as well as the value of closed deals.
The largest transaction closed last year in Slovakia was an increase in the shareholding of the Chinese private investor, CEFC China Energy Company Limited, in the financial group J&T Finance Group SE (JTFG) to 50%. CEFC China Energy Company Limited is mainly active in the area of finance, energy and industry. It is the biggest private enterprise in Shanghai and the sixth largest private enterprise in China.
For more information on CSE M&A Barometer 2016 results visit the link: http://www.ey.com/sk/sk/newsroom/news-releases/2017_ey-m_a-barometer-2016
. In our Mergers & Acquisitions (M&A) Barometer we analyze publicly disclosed information accumulated from reputable databases, such as DealWatch, Mergermarket, Capital IQ, Zephyr and our own EY databases. We analyze the prevailing trends in 11 Central and Southeast European (CSE) countries (Bulgaria, Croatia, Czech Republic, Greece, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Turkey).