Forvis Mazars contributed to Wolters Kluwer’s report on corporate Mergers and Acquisitions in Romania

According to the Forvis Mazars’ study, Investing in CEE: Inbound M&A report 2023/2024, Romania ranks among the top four M&A markets in the region in terms of deal volume, gaining increasing visibility to international investors as well as developing a strong local investor base.

As the market continues to mature, tax, financial advisory, and law practices have also evolved, providing comprehensive support to navigate the complexities of M&A transactions. This thriving environment sets the stage for the latest edition of the Corporate Acquisitions and Mergers in Romania report, recently published by Wolters Kluwer with contributions from Forvis Mazars in Romania.

„Our tax team has made substantial contributions to this report, reflecting our commitment to delivering top-tier expertise and insights. As Romania continues to attract investments and expands its economic footprint, our goal is to ensure that businesses are well-equipped to navigate the tax landscape, optimising their strategies for growth and compliance. This report embodies the collective dedication and knowledge within the industry, supporting the evolving needs of the M&A sector in Romania.", mentioned Edwin Warmerdam, Partner, Head of Tax, Forvis Mazars in Romania.

The publication offers a concise and practical description of the current tax and legal practices related to Mergers and Acquisitions of public and private companies in Romania. The need to develop this guide was driven by the rapidly evolving M&A landscape in Romania and the increasing complexity of the regulatory environment. As the market grows and attracts more diverse investors, the demand for comprehensive, up-to-date information becomes critical.

Lucian Dumitru, Tax Partner at Forvis Mazars in Romania, explains what business executives can find in the publication: „The book offers a clear explanation of each step in the acquisition process from the perspectives of both the purchaser and the seller. It provides in-depth insights into critical aspects such as structuring the transaction to optimise value and minimise risk, conducting thorough due diligence to uncover potential issues, ensuring robust contractual protection to safeguard interests, determining fair consideration, and understanding the impact of various legal frameworks - including company, competition, tax, intellectual property, environmental, and data protection laws - on the acquisition process.”

Romania’s growth trajectory and sectoral diversity, especially in technology, healthcare, energy, and consumer goods, have attracted considerable attention from investors.

„We have been actively involved in numerous transactions within this vibrant market, where we have provided essential tax and financial due diligence services. Our hands-on experience has given us valuable insights into the complexities and practical challenges faced by businesses navigating M&A in Romania. Contributing to this edition was a natural extension of our commitment to the industry, as it allows us to share our expertise and address the need for more precise, actionable information.”, mentioned Cristian Botezatu, Senior Tax Manager, Forvis Mazars in Romania.

Another Forvis Mazars study, C-suite barometer: outlook 2024, shows that businesses have their eyes firmly set on a positive future, and leaders are looking to expand and grow with confidence. The Romanian C-suite leaders identified M&A activity as one of their most important sources of growth in the next period. „Working on this edition of the guide has been particularly fulfilling as it aligns with this forward-looking perspective. By providing detailed, practical information on the M&A process, we are helping to empower C-suites with the tools and knowledge they need to confidently pursue and execute strategic acquisitions. This resource is designed to support their growth ambitions and facilitate successful transactions in a complex and competitive market.”, mentioned Alexandra Nechita, Tax Manager, Forvis Mazars in Romania.

More information about the report can be found here.