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EY M&A Barometer: The downward trend in the number of deals in CSE continued in H1 2017

The downward trend in the number of deals in CSE continued in H1 2017; however, this had no impact on the estimated value of closed deals. According to the CSE M&A Barometer, there was a total of 473 deals closed in H1 2017 in the CSE region, with a total estimated value of US$19.9bn.
The Slovak M&A market experienced a year-on-year decline in the number of deals by almost 35%. However, the situation in the Central and Southeast Europe (CSE) region was similar, with almost 28% fewer deals; albeit their volume increased considerably, by 42%, reaching nearly US$20bn. The CSE market was dominated by transactions in the areas of commercial real-estate, manufacturing and IT. The most active country was the neighboring Czech Republic, in the number of deals as well as their volume. The largest deal in the region was the sale of the Turkish Petrol Ofisi division, which belonged to Austrian oil and gas group OMV, for US$1.4bn. Vitol Investment became the new owner of the leading Turkish company in the distribution and sale of fuels. The situation in the Slovak M&A market in H1 2017 more or less reflected the situation in the region, comprising a decrease in the number of deals, an increase in the estimated value of deal volume as well as an increase in activity in the Real estate sector.

“Although the vast majority of deals in Slovakia were closed by strategic investors, the analysis points to unrelenting and increasing activity of financial investors. At the end of 2016, it was Slovakia and Hungary that experienced the highest share of financial investors within CSE, amounting to 32%. In H1 2017, their share increased even further and although Slovakia ranked second with 47%, this shows a visible increase of 15%,” explains Peter Demský, Associate Partner of EY’s Transaction Advisory Services in the Slovak Republic, responsible for mergers and acquisitions.

For more information on CSE M&A Barometer H1 2017 results visit the links: http://www.ey.com/sk/sk/newsroom/news-releases/2017_ey-m_a-barometer-2017 http://www.ey.com/Publication/vwLUAssets/ey-csema-barometer-2017/$FILE/ey-csema-barometer-2017.pdf

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).  
 
 
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