Retail offers highest acquisition potential in the Czech Republic

Published: 31.10.2018 Related countries:  China China

The retail sector offers the biggest potential for mergers and acquisitions.

Consulting company BDO has said that the positive economic developments along with industry-wide changes, including e-commerce development, digitalization, or the use of modern technologies, are the main drivers for the new entities entering the retail segment. By contrast, many established companies are unable to respond to the development and are closing their permanent stores on a large scale. If they want to continue growing, consolidation through mergers and acquisitions is a good solution, according to BDO. The attractiveness of the industry in CR is further enhanced by its above-average results for recent years, which makes the domestic market attractive for new entrants from abroad.

Source: www.cianews.cz/en.