Nordic Deal Trend Report Q2 2022

Nothing much is changing when looking at composition of deals per industry. Technology, media & telecommunications and manufacturing & industrials still take the top-two spots of our sector heat chart with 26 % and 19 %, respectively. One interesting thing worth noting, however, is that construction & real estate has left its top-three spot and has fallen down the list. Expectedly, this could be a sign of the effect we alluded to in our most recent report that we will start seeing increasing inflation and rising interest rates having an impact on, at least, some parts of the M&A levels.

When it comes to predicting how M&A activity will fare across the Nordics in a near future, we have a daunting task on our hands. Companies spent the past couple of years trying to address supply chain issues caused by trade tensions and the global pandemic. While some pandemic-related problems have abated, continuing lockdowns in China have resulted in supply chain backlogs. Russia’s first quarter invasion of Ukraine worsen the problem, which in turn helped drive inflation higher in the Nordics and rest of the world.

No doubt, we will still follow with some level of anxiety how the near future impact of war, energy costs and supply-chain disruption will affect deal making appetite across the Nordics.

Uncertainty is challenging for us all to navigate – we look forward to supporting our clients and working alongside to address these considerations in their deal processes.

Have a good summer  !