Sharp fall in Irish business acquisitions due to inflation and Ukraine war 

Total value of 2022 deals came to €14.8 bn - a drop of 38% on 2021

Ireland appears, however, to be weathering the storm more comfortably than many other countries.

High inflation, rising interest rates and the war in Ukraine led to a drop in merger and acquisitions activity involving Irish companies in 2022, a new report has found.

The Irish M&A Market report for 2022 by law firm William Fry found that there were 300 merger and acquisition deals recorded last year down 2% from 2021 which had been a record year. The total value of all these deals came to €14.8 bn - a drop of 38% on the total value recorded in 2021.