In Q3, 74 M&A were carried out in Polish market, 41 more y/y: Fordata

n the third quarter of 2020, 74 mergers and acquisitions were carried out in the Polish market. This number is 41 higher than in the third quarter of 2019, according to the M&A Index Poland report prepared by Navigator Capital and Fordata.

The largest transaction in this quarter was the acquisition of Suez's assets in Poland for approximately PLN 4.84 billion by the Schwarz Group.

"In the third quarter of 2020, as many as 74 mergers and acquisitions took place. This is the most in five years. Such a good result was largely due to the ending pre-lockdown proceedings and long-term acquisition plans," the Fordata analysts said.

"As in the previous quarter, the decisions about the sale do not seem to be influenced by the pandemic situation, although the number of private sellers has increased. The restructuring trend may, however, worsen next year," they added.

(WBJ)