We are pleased to present the third edition of the European M&A Construction Monitor. This monitor looks at the latest trends and issues in mergers & acquisitions (M&A) in the construction industry in Europe. This 2013 publication complements the “European Powers of Construction” (EPoC) of 2012: a Deloitte research paper examining the status of major European listed construction companies.
The number of M&A deals was higher in 2012 than in 2011. This increased activity reflects the strategies of European construction companies, which include sector diversification and internationalisation. These diversifying strategies form the first trend: many companies are anticipating tomorrow’s construction market by optimising their competencies and capacity.
At the same time, a significant group of construction companies is not in a position to pursue such forwardlooking strategies: it is all they can do to keep their business afloat from day to day and avoid defaulting on their financial obligations. These survival tactics form the second trend that will be discussed in this publication.
This European M&A Construction Monitor presents analyses of market trends in the European construction industry: looking back but also looking forward. Deloitte has produced this outlook by combining the in-depth, local knowledge of its European member firms on M&A, real estate, construction and infrastructure.
Source :Deloitte