Martin Bastian, Managing Director and Head of Chemicals, Europe at Houlihan Lokey, speaks to Börsen-Zeitung about the outlook for M&A in the German chemical industry, which has been hit hard recently by the energy cost crisis and economic downturn, significantly impacting competitiveness. This year, he expects an upturn in M&A activity. “The M&A pipeline itself is well stocked. Both companies and private equity want to sell assets," says Mr. Bastian, adding that there is interest on the buyer side, “especially as transactions currently have a certain rarity value.”
Read the article in German here.