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This Year’s M&A Deal Drivers and Trends for Europe and Middle East: Merrill DataSite

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September 6, 2012

Underlying deal drivers are strong in the European and Middle East regions (EMEA), according to the latest M&A report from Merrill DatSite, but activity levels are down compared to last year. The first two quarters of 2012 closed with 2,307 announced deals worth EUR 269 billion in the EMEA region, representing an 18% decline in volume and a 10% decline in value compared to last year, according to the report. Private equity activity fell by 27% in volume and 7% in value to hit 441 transactions (worth EUR 37.7 billion).

Volume is concentrated in the UK & Ireland (24.1%) and in the Germanic countries (17.7%), followed by France and the Nordic region.

 

The underlying Deal Drivers include the following: Asian investors seeking European assets, Strategic buyers have cash on hand; valuations are “attractive” and a renewed focus on core operations which drives supply of M&A targets.

 

Of note were several private equity exits through M&A, including Molson Coors Brewing Company’s   acquisition of Czech brewery StarBev LP from UK-based CVC Capital Partners, and China-based Bright Food Group’s  purchase of a 60% stake in Weetabix Limited from Lion Capital.

 

The report, which is 56 pages in length, and done in partnership with data provider mergermarket, includes plenty of details on volumes and value by sector, geography, and buyer locations, as well as the heat chart above, and lists of the top advisors in legal, corporate finance, and public relations. (Image Source: Merrill DataSite)

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