Perspective Newsletter


If you would like to receive Perspective - our monthly newsletter – which brings you all of our latest news and views as well as interviews and opinion pieces then please follow the link below...

Read more

Retail industry 'set for M&A activity'

26 October 2010

European retail firms are expected to use mergers and acquisitions (M&A) as a way of generating growth in a subdued climate.

Experts speaking at the World Retail Congress in Berlin this week said the industry is poised to enter a period of consolidation and investment in emerging markets, Reuters reports.

Ira Kalish, director of global research at Deloitte, suggested this could lead to an upsurge in takeover deals as major retailers seek to boost their presence in developing countries such as India, China and Brazil.

"We're going to have a shaking-out, a consolidation that will come about through both merger and acquisition activity as well as through bankruptcy," Mr Kalish commented.

He added that domestic markets are likely to remain unspectacular because the retail sector has "increased capacity far more than demand over the last decade".

Earlier this month, a report from PricewaterhouseCoopers revealed an increase in M&A activity for the financial services industry, with deal values rising by 55 per cent in the third quarter of the year.

Odgers Interim are UK leaders in Interim Management solutions for the Commercial Sector. We have offices in London, Birmingham, Leeds, Manchester, Glasgow, Aberdeen and Cardiff as well as over 50 offices globally. We are the only Interim Management providers who are part of a top tier international executive search firm. We work closely with our executive search colleagues to find candidates who can offer short term solutions with long term benefits.

Categories: Retail


No comments have yet been posted, be the first to comment by using the form below: