PwC: Romania’s M&A market goes up 17% in 2016

The value of the mergers and acquisitions market in Romania increased by 17% last year compared to the previous year, reaching EUR 3.6 billion, according to an analysis by PwC Romania. PwC transaction experts think that the local M&A market will continue its upward trend in 2017, capitalizing on a continued consolidation process in areas such as medical services and pharmaceutics, industrial production and fast moving consumer goods, as well as on the tendency for companies that developed production capacities in Asia to relocate them towards Eastern Europe, including Romania. Last year, some 140 M&A deals were announced, their value reaching EUR 3.6 billion. “Locally, there is a growing interest for transactions based on the ongoing consolidation processes begun the previous years. We can feel a certain effervescence in the local market, many negotiations and discussions are being carried, and more transactions are being initiated by both sellers and buyers,” said Cornelia Bumbăcea, leader of the Transactions team, PwC Romania. “We see a growing number of entrepreneurs interested in the prospect of selling their company, which helps them receive an indication of the market value of their business, although not all discussions are concluded in actual deals,” she added. editor@romania-insider.com