Recent Searches
Global M&A activity returned to growth in 2024 after two consecutive years of decline, supported by a more stable macroeconomic environment and a general easing of global monetary policy. Key factors driving the recovery included moderating inflation, the conclusion of the election super cycle, and improved alignment between buyer and seller expectations, which helped release pent-up demand. However, the pace of recovery remained uneven, constrained by ongoing geopolitical tensions, regulatory scrutiny, and a slower-than-expected global economic rebound. As a result, global M&A value increased by 12% year-on-year, with Europe recording a 13% rise in value and modest gains in deal volume.
In line with these global trends, Romanian M&A activity continued on a positive trajectory, driven by sustained investor appetite and an active deal-making landscape. Deal count increased by 10%, while the overall estimated market value recorded a modest 4% decline compared to 2023. Notably, disclosed deal values—excluding mega-deals—rose by 46%, signalling underlying market resilience and growing dynamism. Foreign interest in Romanian assets persisted, underpinned by solid market fundamentals and a consistent upward trend in transaction volumes.
Download EY Romanian M&A Market Review 2024 to discover the key factors shaping Romanian M&A activity in 2024 and the strategic challenges and opportunities likely to influence the market in 2025.
