Contributed By CHSH Cerha Hempel Spiegelfeld Hlawati
Strategic investors are still involved in the vast majority of transactions in the Austrian M&A market. 297 out of 324 transactions in 2018 involved strategic investors, compared to a total of 325 in 2017. However, there was a significant increase in transactions, increasing from 20 in 2017 to 27 in 2018 (+35%) that involved financial investors, such as private equity or venture capital firms.
Further, Austrian companies are still attractive targets for German investors. This is demonstrated by the fact that transactions involving German investors increased in 2018 to 35.7% of all M&A transactions involving foreign investments in Austrian companies.
Furthermore, 39.8% of all M&A transactions involved European investors. The vast majority of transactions in the Austrian M&A market, approximately 72.4%, involved investors whose corporate seat is located in Europe, whereas in 2017 only 60.6% of such transactions involved European investors.
Germany remains the most attractive target for Austrian investors. 44.7% of all transactions occurred in Germany, with a further 40.2% in the European market. Without doubt, Europe is still the top investment target for Austrian investors.