Report: 59 M&A deals in Q4

There were 59 merger and acquisition transactions in Q4, three more than in the corresponding period of 2016, according to the report prepared by Fordata and Navigator Capital. The largest group of sellers in the fourth quarter of 2017, just like in the whole year, were private investors, in the fourth quarter they were responsible for two-thirds of completed transactions (compared to 32 percent last year). On the buying side, funds accounted for as much as 22 percent of transactions, according to the report. “Polish enterprises enjoy a significant interest from private equity funds compared to other CEE countries. Coast2Coast fund acquired three companies in Q4 alone - Bezgluten, Unitop-Optima, and Profi. An interesting transaction was also the acquisition of 50 percent stake in of Flavourtec by Tar Heel Capital,” said Jan Kospin, director of Navigator Capital Group. The largest transaction in the fourth quarter of 2017 was the takeover of 37.5 percent stake in Synthos shares by its majority shareholder, Michał Sołowow. The transaction value was approximately PLN 2.45 billion.