Turkish Competition Board Mergers And Acquisitions Outlook Report For 2024 Has Been Published 29 January 2025
On January 7th, 2025, the Turkish Competition Authority has published the Report prepared by the Competition Board on Mergers, Acquisitions And Privatisation Transactions in 2024 ("Report").
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The remarkable data's of the Report are as follows: |
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Compared to 2023's data, the number of transactions increased from 217 to 311 with an increase of 43%. In 2024, the total number of M&A transactions reviewed by the Competition Board reached the highest number of transactions in the last twelve years: |
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İŞLEM TARAFLARININ KÖKENİNE GÖRE İŞLEM SAYILARI (2024) / |
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Tarafların Tümünün Türkiye Kökenli Şirketler Olduğu İşlemler / Transactions which All Parties are Companies Originating in Turkiye. |
Tarafların Tümünün Yabancı Kökenli Şirketler Olduğu İşlemler / Transactions which All Parties are Companies Originating in Foreign Countries. |
Taraflarından en az bir tanesinin Türkiye ve Yabancı Kökenli Şirketler Olduğu İşlemler / Transactions which, at least, one of the parties are Companies Originating in Turkiye and Foreign Countries. |
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75 |
167 |
53 |
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Compared to 2023 data, the number of transactions increased from 94 to 131. |
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The transaction volume for 2024 is above the average of the last twelve years, with a nominal manner approximately increase of 18% in Turkish Lira and a decrease of 14.5% in USD compared to the previous year. |
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SIRA NO / RANKING NO |
SEKTÖR / SECTOR |
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1 |
Bilgisayar programlama, danışmanlık ve ilgili faaliyetler / Computer programming, consulting and related activities |
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2 |
Diğer gıda maddelerinin imalatı / Production of other food products |
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3 |
Parasal aracı kuruluşların faaliyetleri / Activities of monetary intermediary institutions |
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4 |
Tarımsal hammadde ve canlı hayvanların toptan ticareti / Wholesale trade in agricultural raw materials and animals |
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5 |
Taşımacılık için destekleyici faaliyetler / Supporting activities for transportation |
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SIRA NO / RANKING NO |
ANA FAALİYET ALANI / MAIN FIELD OF ACTIVITY |
TOPLAM İŞLEM DEĞERİ / TOTAL TRANSACTION VALUE |
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1 |
İmalat / Manufacturing |
54,5 milyar TL / TRY 54.5 billion |
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2 |
Toptan ve perakende ticaret, motorlu kara taşıtlarının ve motosikletlerin onarımı / Wholesale and retail trade, repair of motor vehicles and motorcycles |
52,5 milyar TL / TRY 52.5billion |
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3 |
Elektrik, gaz, buhar ve iklimlendirme üretimi ve dağıtımı / Electricity, gas, steam and air conditioning manufacturing and distribution |
22,7 milyar TL / TRY 22.7 billion |
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CONCLUSION |
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As of 2024, the number of M&A transactions in Turkiye reached the highest level of the last 12 years. Among the transactions examined by the Competition Board, the most invested sectors were computer programming and retail trade, while the highest transaction volume among Turkish companies was in the manufacturing sector. Moreover, the Netherlands was the country with the highest number of transactions among foreign investors. The increase in the number of transactions reveals Turkiye's hot sectors in the M&A market and provides an opportunity to analyse the Turkish M&A market in comparison with the data of previous years. |
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