Chemicals sector update | Q1 2023 M&A report
Articles
07 June 2023
- Greek chemical companies are investing in digital transformation to improve products and manufacturing processes
- Green energy is becoming increasingly important for own energy efficiency and as a product / growth driver
- M&A activity remained muted during the first quarter of the year, decreasing by 10% compared to Q4 2022, mostly attributed to valuation mismatch between buyers and sellers on the back of changing macroeconomic environment
- All chemicals sub-sectors have witnessed an increase in multiples in Q1 2023 compared to the end of last year