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Lacking the large Chinese investments in the mining sector that Serbia saw in the record year in 2018, deal value fell sharply. Nevertheless, the market remained very active with 47 deals outperforming most of the previous years on record. Activity in real estate & construction nearly halved and the sector tumbled from first to fourth place in terms of deal numbers, leaving food & beverage, manufacturing and telecoms & IT to take the first three places.
There remains a healthy level of interest from a mix of corporates and private equity buyers, and a good pipeline of deals ahead.
Value Source:
Telecoms & IT: |
Manufacturing: |
Food & Beverage: |
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