Abreu Advogados and TTR presented the study “Portugal M&A: Moving Forward After COVID-19
Abreu Advogados, in partnership with the Transactional Track Record (TTR), presented the study “Portugal M&A: Moving Forward After Covid-19”, which analyses the evolution of the M&A market in Portugal during the pandemic, through the reading of its main indicators, among which are turnover, value of transactions, most active sectors or origin of foreign investment.
The study’s main focus is the time period between April 2020 and March 2021 and starts by highlighting the opposite evolution between the number of transactions and the value of deals. Over the first 12 months of pandemic, there was a 15% increase in the value of transactions made, while the number of deals fell 21%, when compared to 2019. With regard to these indicators, we highlight the decrease of more than 40% in the number of M&A transactions in the second quarter of 2020, following the first period of containment, and, on an inverse perspective, the high value of deals recorded in July 2020, which exceeded 4 billion euros.
The presentation of the study “Portugal M&A: Moving Forward After Covid-19” took place today, online, and counted with the participation of Pedro Siza Vieira, Minister of State, Economy and Digital Transition; Rita Araújo, Executive Board Member at AICEP; Isabel Duarte Lima, Managing Partner at HCapital and Marco Lourenço, Managing Director and Head of M&A and ECM at Caixa Banco de Investimento. Abreu Advogados was represented by Partners Ana Sofia Batista, José Maria Corrêa de Sampaio, Manuel Santos Vítor, Marta Romano de Castro and Professional Partner Hugo Teixeira.
