Record low number of acquisitions in Q1 - Bisnode

As few as 15 acquisition were carried out in the Polish market in the first quarter of the year, exactly ten times fewer than three years ago in the corresponding period, according to a report by Bisnode economic information company compiled for Dziennik Gazeta Prawna daily. Last year, number of acquisitions in Q1 totaled 77, in 2013 - 57 and in 2012 - 150. Bisnode estimated this year will be the worst since 2011, when only 600 firms underwent acquisitions in Poland. Factors such as economic recovery, changing managing solutions (founders tend to control their companies longer and are more confident about their managing skills), low level of innovation of Polish businesses or high price expectations might have impacted the decline.  The number of acquisitions is to rise in 2016-2017 when the companies will be recording an increase in value, the daily also reported. Over the past five years, companies from retail and wholesale markets were the most attractive aim of acquisitions. According to Bisnode, the trend should be maintained this year, adding private health care firms to the list.