We are very pleased to share with you the CMS Emerging Europe M&A Report 2023/24.
Emerging Europe continues to show resilience amid challenges. Findings from the CMS Emerging Europe M&A 2023/24 report, published today in cooperation with EMIS, demonstrate the resilience of the Emerging Europe deals market as activity holds firm against a backdrop of geopolitical tensions and strong inflationary pressures.
Key findings
- M&A transactions are at stable levels – with a small decrease in volume only by 3,4% and in value by 1,4%.
- Most of the countries, including Ukraine, have witnessed an increase of M&A deals by deal count compared to 2022.
- The sectors with the highest transaction value are Telecom/IT, Manufacturing and Energy.
- Transactions involving PE funds recorded declines, but they had a higher value [deal volume – 14%, deal value +57%].
- Poland is in first place in terms of the number of transactions [284, worth EUR 7.45 billion]. Romania is second [199 transactions, EUR 5.54 billion], and the Czech Republic is third [139 transactions, EUR 3.73 billion].
- Large cross-border telecoms transactions are back, with Gulf investors expanding into the region – and United Arab Emirates topping the foreign investors list on deal value (thanks to a mega deal in the Telecoms & IT sector).
- Transactions with US buyers continued to decrease, but the country remains #1 by deal count. [96 in 2023 deals compared to 126 in 2022].
- Other sectors like Food & Beverages, Manufacturing and Energy & Utilities have remained resilient, with a significant increase in renewable energy deals.
Visit our website and download the report.
On February 7th, there will be a webinar where together with EMIS we will present the key findings of the report.
Emerging Europe M&A Report - launch webinar
Date: Wednesday, 7th February
Time: 12pm CET
