CzechInvest: 143 transactions reported in the second quarter of 2020

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In the Czech Republic, 143 transactions were reported in the second quarter of 2020, CzechInvest M&A Report shows.

The largest number of mergers and acquisitions (41) occurred in the industrial products and services sector, followed by the real-estate sector with 39 transactions and the retail, consumer goods and entertainment sector with 19 deals concluded.

The most important M&A activities in in the second quarter of 2020

Significant activities on the Czech market include MVM Group’s acquisition of the Czech energy group Innogy from the German company E.ON.SE.

The Brno-based holding company Solitea announced the largest merger on the Czech market so far this year, involving the consolidation of twenty-three companies in the Czech Republic and seven in Slovakia.

C-Energy Planá acquired a majority stake in Teplárna Tábor. ČEZ Group is selling its share in the Israeli company CyberX. Czech Aircraft Group took control of the light sport aircraft manufacturer Czech Sport Aircraft.

Agrofert is selling some of its bakeries that fall under PEK Group. Detailed information on selected mergers and acquisitions is available in the attached report.

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