Mergers and acquisitions 'picking up in Wales'
Mergers and acquisitions rising in Wales?
New figures show mergers and acquisitions to be on the rise in
The number of mergers and acquisitions taking place in Wales has
been tipped to pick up over the coming months.
According to the latest data released by the business
information provider Bureau Van Dijk, the number of deals completed
in Wales dropped slightly over the first three months of the year
when compared to the preceding quarter.
At the same time, however, the figures also show that mergers
and acquisitions picked up again in April, with the firm noting
that a "pattern of peaks and troughs is emerging" within the
country and is likely to remain in place for the foreseeable
future, the Western Mail has reported.
Notably, the data also shows that the biggest single deal to be
concluded in Wales so far this year was the £5 million acquisition
of the Bridgend waste management company Inetec, with this
contributing significantly to the total £41 million value of Welsh
mergers and acquisitions recorded for the first quarter of
At the end of last month, Welsh accountancy firm Broomfield
& Alexander merged with Swansea-based Griffith and Miles to
form the biggest independent chartered accountants in the