82 M&As carried out in Poland in Q2 2021

In the second quarter of 2021, a total of 82 mergers and acquisitions were carried out in Poland (30 more y/y). In terms of industries, the dominant sectors were Media / IT / Telecom (29 percent), FMCG (13 percent), and industry (11 percent), according to the M&A Index Poland report prepared by Fordata and Navigator Capital.

"The share of foreign buyers in the second quarter increased from 25 to 30 entities, which accounts for about 36 percent of all transactions. In the last three months, these companies were most interested in the TMT (seven acquisitions) and industrial (six acquisitions) sectors. Zebra Technologies Corporation took over Adaptive Vision, opening a new market for the Polish software supplier for vision systems, while Swiss Schweiter Technologies acquired a minority stake in JMB Wind Engineering, creating facilities for the production of PET foams in Poland," Dorota Wójtowicz, New Business Manager at Fordata, said.

"As in the previous quarter, German companies most often invested in our company (eight acquisitions compared to seven in the first quarter). Luxembourg entities took second place (four transactions) were completely absent on the Polish market in the first quarter of the year," she added.

The largest transaction in the second quarter of 2021 was the acquisition by Synthos of the Trinseo rubber business, a company listed on the New York Stock Exchange. Thanks to the transaction, Synthos may join the global leaders in the synthetic rubber industry and expand its offer with advanced SSBR rubbers. The production plant in Schkopau, which will become the property of Synthos, may achieve an annual EBITDA of €50-60 million.

(PAP)