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News & Media

Emerging Europe: M&A Report 2012

Date: 17/01/2013

We are delighted to present CMS and DealWatch “Emerging Europe: M&A Report 2012”, which indicates a 40% y/y decrease in M&A activity in the region in 2012 but expects a steady increase in deal flow in 2013

January 15, 2012 – CMS and Emerging Markets Information Service (EMIS) DealWatch announce today the release of the “Emerging Europe: M&A Report 2012.”

M&A activity in the region last year was hampered by the drawn-out debt crisis in the Eurozone, the region’s main trading partner, political turmoil in some states and tough austerity plans introduced by local governments.

According to the publication, the number of M&A transactions in Emerging European countries in 2012 neared 2,265, an almost 40% decrease in year-on-year terms.  The total value of M&A deals went down as well amounting to €121 bn, with fewer mega-ticket deals than in the year before. Rosneft’s acquisition of TNK-BP, Russia’s largest-ever takeover deal, accounted for more than a third of the overall value.

Manufacturing remains the most  active sector and mining (including oil & gas) was the leading sector in terms of deal value, with over €58bn accounting for nearly half of the overall market.

Petra Stark, Head of Corporate and M&A (Ružička Csekes s.r.o. in association with members of CMS): 
‘CEE including Slovakia has potential to growth. In spite of the changes in taxation Slovakia will remain perspective place for investments  .’

Ian Parker, CMS Corporate Partner adds:
‘We believe that 2013 will again bring a steady flow of deals. Despite turbulent times, CMS remains dedicated to the CEE region with the leading corporate M&A legal practice and the most extensive and experienced office network offering deal experts on the ground’.

Boris Maleshkov, DealWatch Editor-In-Chief adds:
‘M&A activity throughout Central and Eastern Europe in 2013 will largely hinge on the availability of bank liquidity for deal financing, the implementation of austerity measures and the path of the Eurozone sovereign debt crisis’.