Oaklins Germany M&A Market Report Full Year 2023
A detailed analysis of the M&A market with German counterparts
In 2023, geopolitical events and high inflation shaped the landscape, resulting in a stagnation of transactions. Nevertheless, companies demonstrated resilience and strategically realigned themselves. As of December 13, 2023, there were 2,618 transactions – only slightly fewer than the previous year but 52.9% above the historical average since 1998.
In 2024, initial interest rate adjustments by the European Central Bank are expected, which could have a positive impact on M&A transactions. A slight increase in transaction volume is anticipated, as liquidity in the real estate market offers limited investment opportunities. Political uncertainties arising from elections in the USA, India, Taiwan, and the EU should be monitored closely.
The decline in the number of transactions is primarily attributed to a decrease in inbound cross-border transactions. The German domestic M&A market grew by 7.9%, while traditionally strong buyer countries like the USA and the UK showed restraint.
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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