Global dealmakers: European M&A market update 2020
The latest report by Baker Tilly International experts describes changes in the European M&A market following the outbreak of the coronavirus pandemic.
The conclusions of the report apply to the Polish market and unfortunately are not encouraging from the perspective of transaction activity.
According to Krzysztof Horodko, Managing Partner, Baker Tilly TPA:
“As everywhere else, also in Poland, we expect a significant reduction of all investments, including those consisting in acquisitions or mergers. The fact that the Central and Eastern European (CEE) market is considered to be the most attractive following the German-speaking countries (DACH) is a positive development. This means that when trading activity returns to normal, we should expect it in Poland first. It is also worth noting that over time there may be forced transactions due to financial difficulties of individual companies. We do hope, however, that the scale of this phenomenon will be limited, because the Polish economy, according to all forecasts, should be one of the least affected in Europe.”
Download the report (pdf): European M&A market update 2020