Investing in CEE: Inbound M&A report 2020/2021
In a year dominated by the Covid-19 pandemic, the M&A market in Central and Eastern Europe (CEE) remained robust. Although the number of deals fell in 2020, total disclosed value was up.
Against the context of the global Covid-19 pandemic, the performance of M&A in the CEE region was remarkable. Even as volume dropped by 16%, total disclosed deal value rose by 11% to nearly €50bn, despite the deepest global recession for 90 years and disruption caused by restrictions on travel and meetings.
Excluding Russia, the region’s largest market, value rose by a remarkable 28%. CEE outperformed all other major emerging market regions by this measure, demonstrating the confidence that major investors have built up.