Finnish M&A market update

September 2020

Dealmaking in uncertain times

Finnish M&A market update 1H 2020

What is the outlook for the deals market after the first half of 2020? We gathered statistics of the M&A activity both in Finland and in the Nordics.

The disruption the COVID-19 crisis caused in the deal markets in 1H2020 is undisputed. The number of transactions declined in all Nordic countries in the second quarter from the same period in 2019. However, the rumors of the death of Finnish M&A have been exaggerated. The reduction in the number of deals in Finland was only 27% in the second quarter versus a year earlier. In fact, the number of transactions increased by 15% from the first quarter of 2020.. These early signs of recovery suggest dealmakers might be becoming more active again and learning to operate under the ‘new normal’. 

We believe many new opportunities will emerge in the time of COVID-19 and deals will reshape industries. Early trends, particularly around shorter-term deal tactics, are beginning to emerge. Strong buyers have an excellent position to drive the deal-making and affect valuations.

Download 1H 2020 M&A trends

 

 

Quarterly transaction volume in the Nordics by country Q1 2019 - Q2 2020

Source: Refinitiv, PwC Analysis

Previous M&A market updates

Finnish M&A market update, May 2020

 

Contact us

Marko Koski

Marko Koski

Partner, Transaction Services, PwC Finland

Tel: +358 (0)20 787 8745

Ilkka Simula

Ilkka Simula

Partner, Deals Strategy, PwC Finland

Tel: +358 (0)20 787 8522

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