With 26 deals, AKD takes a Top 10 position in the Mergermarket Benelux M&A League Table Q1-Q3 2019.
“An impressive achievement by our Benelux M&A team”, AKD’s managing partner and M&A lawyer Erwin Rademakers states. “We have shown tremendous growth in our M&A practice in recent years. Not only in the size of the team in the Netherlands, Belgium and Luxembourg, but generally also in the number of deals. This success is a genuine team effort”.
Brexit, trade wars, geopolitical agitation and the first signs of recession in a number of European countries: these are developments that are not immediately conducive to a strong and stable M&A market. According to the same Mergermarket report, the contraction of the M&A market in the Benelux has already started and is now as high as 27%. Although the outlook for mergers and acquisitions is generally not too positive, experts expect an increase in distressed M&A and restructuring, due to deteriorating economic conditions in the coming year.
With AKD’s increasingly important role in the most appealing transactions in the Dutch, Belgian and Luxembourg markets, and its embedding in the upper mid-market, Carlos Pita Cao, head of M&A at AKD, expects AKD to be well-positioned. “As soon as the appetite for M&A decreases, the largest acquisitions will be put on hold first. But there is still a lot of capital available. We still see sufficient movement in our segments, also in the coming months", according to Pita Cao.
Click here to read the full Mergermarket report.