Oaklins Germany M&A Market Report 1st Half of 2023
A detailed analysis of the M&A market with German participation
Despite a decrease, significantly more transactions were closed in the first half of 2023 than in the long-term average of the first six months of the past 20 years. M&A remains an important key factor for sustainable entrepreneurial success.
In the first half of 2023, the M&A market had to deal with tougher conditions. The number of deals with German participation decreased by almost 14% compared with the 1st half of 2022. We primarily relate this decline to the significantly higher interest rate levels and the current slight recession. Furthermore, the economic policy of the German government is not contributing much to benefit Germany as an investment destination (energy policy, labor market and overregulation). Foreign investors are increasingly claiming that Germany has lost its innovative strength and competitiveness. Despite these difficult market conditions, the decrease was more moderate than broadly expected. For the second half year 2023, Oaklins is expecting an increasing number of transactions.
Find out about the top 30 deals, the hottest sectors, the top countries where German companies have completed transactions and why the share of transactions involving private equity declined considerably.
We wish you an exciting journey through our report and look forward to exchanging ideas with you.
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