Not including the megadeal via which PPC took over the renewable energy portfolio from Evryo Group, the local M&A market amounted to EUR5.2 billion, nearing the record high of 2022.
This activity level consolidates Romania’s second position among the most dynamic M&A markets in CEE, in line with Mergermarket data analyzed by Deloitte Romania.
The weight of Romania in the total number of deals registered in the region rose from 15% in 2023 to 17%, only behind Poland (41%, down from 44% in 2023), and followed by Czechia (13%) and Hungary (9%).
Against 2023, the number of deals in Romania has the highest annual growth rate in the region, of 27%.
“(…) For 2025, we expect an evolution in the same direction of the market become more mature and one-two megadeals,” stated Radu Dumitrescu, Advisory Partner-in-Charge, Deloitte Romania.
Not including deals of above EUR500 million, the average value of an acquisition stood at EUR34 million in 2024, from EUR25 million in 2023.
The real estate and constructions sector remained the most dynamic (28% of deals), followed by energy (18%), consumers goods (13%), industrial products and services (10%) and technology (7%).
By value, the energy field leads, with 34% of the market total, followed by real estate and constructions (22%), consumer goods (14%).
Strategic investors continued to dominate the market in 2024, with their weight edging up from 87% to 89% in the total number of deals. Of these, 44% were Romanians, a significant increase from the previous year (29%), and the deals in which they were involved represent 32% of the market value, again a considerable advance from 9% in the previous year.
(English version by Catalina Apostoiu)