Frankfurt/Vienna, January 31, 2024 – 2024 may again see more mergers and takeovers in Europe’s manufacturing industry. Following often sluggish deal activity in 2023, there are growing signs that the market may be returning to pre-Covid levels and that purchasers’ and sellers’ purchase price expectations are again coming closer into line. According to consultancy firm MP Corporate Finance (“MP”), which has Europe’s largest team of transaction advisors specialising in the industrial sector, the new M&A year is already being driven by “transformation technology”. Companies of all sizes are on the lookout for strategic acquisitions in the fields of artificial intelligence, sustainability and risk minimisation, including – increasingly – cross-border acquisitions.