Sharp drop in Mergers and Acquisitions in 2020
We have received the following news item from Oghma Partners LLP - Specialists in Food and Beverage Mergers and Aquisitions:
Unsurprisingly there has been a sharp drop off in deals due, in large part, to Covid and the impact it has had on the food service sector in particular (YTD deal volume is down 50%+). Anecdotally we see a pick-up in activity through this autumn as companies that have come through Covid look to get their disposal plans back on track and kick start preparations for sale. However, whilst deals may get underway now we expect that deal volume won’t show a year on year improvement until Q2 of 2021 at the earliest, thus for the full year 2020 we expect an overall 40-50% decline in the number of deals reported.
A full report and summary of completed deals is available from Oghma Partners LLP. Tel: +44 20 8049 2201
Click here to Visit Website: http://www.oghmapartners.com
Unsurprisingly there has been a sharp drop off in deals due, in large part, to Covid and the impact it has had on the food service sector in particular (YTD deal volume is down 50%+). Anecdotally we see a pick-up in activity through this autumn as companies that have come through Covid look to get their disposal plans back on track and kick start preparations for sale. However, whilst deals may get underway now we expect that deal volume won’t show a year on year improvement until Q2 of 2021 at the earliest, thus for the full year 2020 we expect an overall 40-50% decline in the number of deals reported.
A full report and summary of completed deals is available from Oghma Partners LLP. Tel: +44 20 8049 2201
Click here to Visit Website: http://www.oghmapartners.com
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