About 150 participants attended the first conference on mergers and acquisitions, "M&A – facilitating business growth and development", held on October 18th 2018. The conference was organized by Caper, Croatian member of Oaklins, the world's largest M&A advisory organization in the mid-market segment, and Lider, the leading business weekly magazine in Croatia.
In the introductory part of the conference, Joško Vučetić, partner at Caper, presented interesting results of the survey regarding planned M&A activities, which Caper carried out among the leading Croatian companies. According to the survey results, Croatian companies find Austria and Poland as the most interesting markets for acquisitions. For this reason, Caper's colleagues from Oaklins Austria and Poland Corporate Finance, Oaklins member firm from Poland, presented to the audience the key characteristics of these markets, particularly the trends and valuations in those sectors that Croatian companies indicated as the most interesting for their acquisitions.
The second part of the conference consisted of two panel discusions. On the first one, titled "Takeovers’ experiences", acquisition experiences were shared by representatives of renowned domestic companies, leaders in their respective sectors (AD Plastik, Atlantic Grupa, Orbico and Valamar), as well as international PE fund Enterprise investors, which is very active in Croatia and the region.
An introduction to the second panel discussion on "Acquisition financing" was made by a colleague from Oaklins Arietti with a presentation about SPAC (Special Purpose Acquisition Company), an innovative acquisition financing model. There was a lively discussionon on the second panel, between representatives of financial institutions about advantages of various types of financing (Zagrebačka banka, Zagreb Stock Exchange, ex EBRD, The Rohatyn Group), and a domestic company Optimapharm, which, after the recent acquisition in the Czech Republic, plans to continue its growth through acquisitions.
Take a look at a conference video: link.
Photo: Drazen Lapic.