Swiss companies were involved in a total of 145 deals in Switzerland and abroad during the first half of 2013, a 14.7% decrease year-on-year. The last time such a low level of mergers and acquisitions was seen was during the second half of 2010. And at USD 14.9 billion, the value of transactions even hit its lowest level since the second half of 2009.
The first six months of the year were marked by two trends in particular: Swiss companies continued their shopping spree in North America on the one hand and, on the other, they engaged in a comparably high number of transactions on the real estate market. While this market was not particularly active in comparison with previous years, real estate transactions accounted for a more significant share of overall activity in a generally weaker market environment. Most mergers and acquisitions were reported in two sectors, industry (21%) and financial services (14%).