Chemicals sector update | Q4 2023 M&A report
Articles
04 March 2024
- Confidence in the European chemical sector is waning due to macroeconomic uncertainty and growing competition from Chinese producers.
- Greek chemical companies are investing to boost production capacity and enrich their product offerings.
- Most chemical sub-sectors experienced gains in Q4 2023, with agrochemicals being the sole sub-sector reporting negative returns.
- European M&A activity strengthened during the fourth quarter of 2023, up by 109% vs 2Q23
- Deal activity in 2024 is anticipated to accelerate even further, supported by global interest rate reduction cycles projected to commence in mid-2024.