In partnership with TTR
Despite the challenges the pandemic has raised over the past year, M&A in Spain is seeing some bright spots in 2021.
Notably, total deal value was up 225% in January-February this year over the same period last year, although the number of deals was down 30%; Spain’s Cellnex agreed to acquire France’s Hivory for €5.2bn in February; and real estate and technology continue to be the dominant sectors by number of transactions, with internet and technology companies the most attractive to foreign investors by deal volume.
In Portugal, the total deal value was up 41% in January-February this year over the same period last year and the number of deals was down 23%. The financial and insurance sector has seen an 80% rise in the number of transactions, and distribution and retail a 75% increase; and real estate and technology continue to be dominant sectors by number of transactions, in line with the past four years.
Read our new report to find out more details about the state of M&A in Spain & Portugal, including: