In 2021, Pandea Global M&A (“Pandea”) member firms completed 215 transactions with a combined value of €3.8 billion, a significant increase on an already impressive 2020, when 162 deals were completed with a combined value of €2.4 billion.
Pandea is a global network of selected independent firms with a primary focus on creating and executing cross border M&A transactions to add significant value to its member’s clients such as providing enhanced and cohesive access to a larger pool of international acquisition targets, local market expertise and overseas buyer pools.
Notable cross border deals in 2021 included:
- Sale of UK insurance specialist Bollington Wilson Group to US-listed AJ Gallagher
- Sale of UK healthcare wipes manufacturer Techtex to US-listed Ecolab Inc
- Sale of Spanish provider of fruit and vegetable processing solutions Urtasun to US-listed JBT Corporation
- Sale of Belgian data scientist and software development company DataStories to Partners in Performance, an Australia-based spin-off from McKinsey
- Sale of Primulator, a Norwegian distributor of global leading brands of coffee, ice cream and pastry machines, to Swedish investment group Storskogen
Callum Sellar of Pandea Global M&A and UK founding member Dow Schofield Watts said “It has been another excellent year for member firms of the Pandea network as global economies continue to recover. Cross-border activity has returned to normal following a more difficult 2020. Our strong pipeline suggests that the buoyant deals market will continue well into this year.”
Last year saw Pandea grow to 24 member firms, with 42 offices globally represented by over 200 deal-making professionals. In total, Pandea member firms have completed over 1,800 deals with a combined value of over €26 billion.
Pandea has celebrated the new year by welcoming a new member, Copenhagen Corporate Finance in Denmark. This follows an outstanding year for our international M&A network which took on five members in Norway, Finland, UK, Romania, and Australia in 2021.
Due to the pandemic affecting international travel, Pandea member firms met virtually several times last year, for the network’s conferences to exchange views on real-world deal issues, market trends and opportunities in global markets, with the meetings set to return to normal in 2022.