2014 — 03 — 28
Conference "Baltic M&A Outlook 2014"

On 26 March 2014  COBALT, in cooperation with Porta Finance, held the conference Baltic M&A Outlook to review the M&A market in the Baltics in 2013 and provide an outlook for 2014.

Speeches at the conference were delivered by Dr Juozas Rimas, Head of M&A practice group, COBALT; William Wells, Managing Director, Central and Eastern Europe, Rothschild; Julijus Grigaliunas, Partner, Porta Finance and Inga Miliauskiene, Director, Lithuanian Private Equity and Venture Capital Association.

The event, which brought together over 60 investors and management of Lithuania’s largest companies, was held to present Baltic M&A Monitor analysis, carried out jointly with Mergermarket, an independent mergers and acquisitions intelligence service, as well as an annual survey of Lithuanian enterprises on their intentions to use external financing and their attitude towards venture capital investment, carried out by COBALT in cooperation with the Lithuanian Private Equity and Venture Capital Association. 

Dr Juozas Rimas, Head of M&A practice group, COBALT, discussed the peculiarities of M&A transactions in 2013 and the legal environment of M&A market in the Baltic states. William Wells, Managing Director for Central and Eastern Europe at Rothschild, described the macroeconomic situation and external factors which may have an impact on the investment environment. Julijus Grigaliūnas, a partner of Porta Finance, drew an outline for the M&A market dynamics in 2014 in the Baltics.

The experts found that in comparison to 2012, when Estonia dominated the M&A market in terms of volume and value of transactions, the markets are starting to even out in all the three countries. Since the very beginning of 2014 Lithuania and other Baltic states have seen an upturn in the M&A market. Expectations are that a number of significant transactions will be closed in 2014.