Deloitte: Romania’s M&A market saw significant growth in second quarter

The mergers and acquisitions (M&A) market in Romania saw a significant growth in the second quarter of the year, both quarter-on-quarter and year-on-year. According to Deloitte estimates, the total market value, including transactions with undisclosed value, has been between EUR 1.4 billion and EUR 1.6 billion, while the value of disclosed transactions reached around EUR 790 million, according to Romania-Insider.com.

The total number of transactions announced in the second quarter was 30, including those with undisclosed value. By comparison, the M&A market has witnessed 16 transactions in the first three months of 2019 and 27 in the second quarter last year.

“Following a sluggish start, the M&A market regained its pace in the second quarter, with at least four transactions of above EUR 100 million. In the first semester of the year, the M&A market – based on the transactions with disclosed value – reached EUR 909 million. At the same time, the trend of not reporting the value of transactions intensified,” said Ioana Filipescu Stamboli, Partner Corporate Finance, Deloitte Romania.

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