The top ten largest deals that were concluded in Romania last year had an estimated value of USD 2.7 billion.

They accounted for 76.3% of the total value of all deals in 2016, which stood at USD 3.54 billion, according to data published yesterday by the consultancy and audit firm EY Romania.

The acquisition of SAB Miller's assets by the Japanese group Asahi, worth some USD 700 million, was the largest transaction that took place in Romania last year, according to EY Romania. The takeover of KMG International (Rompetrol in Romania) by CEFC China Energy ranked second, with a value of USD 680 million, and the acquisition of the Profi supermarket chain came next, with a value of USD 564 million. The first three largest deals thus had a cumulative value of USD 1.94 billion, or 55% of the total.

According to EY Romania, the financial sector could see the first significant deals with Greek banks this year. Apart from that, the M&A (mergers and acquisitions) activity will be similar to last year.

The consumer goods sector will continue to grow and consolidation will also continue in the health services sector.

editor@romania-insider.com