27/09/22
Recent international developments are having an impact on the M&A market. The impact is felt in deal appetite, financing costs and higher uncertainty around future cash flows. It’s also visible in commodity prices. A total of 45 deals have been announced in the previous month, almost half the number of deals in July and 32 less than last year.
The most active sector (in number of deals) in August was Specialty Retail, as shown by Casco International GmbH being acquired by 2Ride Group and a 51 per cent stake of Empik Sp. Z.O.O. being acquired by Ewa Szmidt-Belcarz, a private investor.
In the last month, most commodities have seen an increase in price. For example, Natural Gas and Cotton have experienced increases of over twelve and fifteen per cent respectively. Meanwhile, oats has experienced an eleven per cent decrease in its price.
Read more in the September edition of our newsletter.