M&A in Ukraine: Turning Tides

17 Травня 2018

The value of deals in Ukraine’s M&A market climbed to €554m in 2017, up 57% on the previous year

Aequo is pleased to present the third edition of M&A in Ukraine, published in association with Mergermarket. This report provides invaluable insights into key trends in Ukraine’s M&A landscape and an outlook for 2018 and beyond.

Key findings include:

  • M&A activity in Ukraine increased in 2017 with 44 deals, a slight increase from the 41 transactions seen in 2016, while deal value increased by an impressive 57% to €554m.

  • Reforms made in early 2018 posit developments in financial activity for the coming year. In February 2018, the government adopted a new law on limited liability companies that replaces outdated Soviet-era legislation, while reforms to Ukraine’s capital market infrastructure could have positive impacts on the country’s stock market.

  • 75% of deals in 2017 took place between Ukrainian firms, demonstrating a record shift towards domestic M&A activity. However, new reforms should help to significantly strengthen the business environment in Ukraine for foreign investors in the coming years.

  • The financial services sector continues to form the main centre of activity in Ukrainian M&A, accounting for 33% of total volume and 33% of total value in 2016-17. There has also been healthy sector activity elsewhere, with agriculture accounting for 33% of total deal value and significant transactions occurring across other sectors.

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