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Croatian companies most successful in mergers & acquisitions in SEE in 2010

ZAGREB, Sept 21 (Hina) - In 2010, Croatian companies were the most active acquirers in southeastern Europe (SEE) with a total of 15 acquisitions worth EUR 403 million, and Atlantic Grupa's takeover of the Slovenian company Droga Kolinska for EUR 243 million was the highest individual acquisition in SEE, according to a study published by the Roland Berger consulting company.

The fourth annual edition of the study on mergers and acquisitions shows that stagnation in acquisitions and takeovers was present in southeastern Europe in 2010 in comparison to trends in western and central-eastern Europe.

As for the 2000-2010 decade, the most active market in SEE was Bulgaria with a total of 243 mergers and acquisitions worth EUR 13.4 billion, the study showed.

Croatia was ranked second with 135 contracts worth EUR 7.5 billion.

In that decade, the most active acquirers were from Slovenia and Serbia.

The executive director of Roland Berger's office in Zagreb, Vladimir Preveden, said on Wednesday that "the most attractive target sectors in SEE in 2010 were media and entertainment as well as consumer staples," adding that the telecommunications and financial sectors had lost their dominant position.

According to Preveden, a majority of investors came from the consumer staples and banking and finance.

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