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Accenture Survey Finds 71% Chinese, 20% U.S. Companies Interested in Eurozone Acquisitions

Accenture Survey Finds 71% Chinese, 20% U.S. Companies Interested in Eurozone Acquisitions - top government contractors - best government contracting event
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Accenture Survey Finds 71% Chinese, 20% U.S. Companies Interested in Eurozone Acquisitions - top government contractors - best government contracting eventAccording to a survey by Accenture, 50 percent of large companies in the eurozone are looking for smaller companies to acquire in the region, Bloomberg Businessweek reports. 

Mark Spelman, Accenture managing director of strategy, said the eurozone is a “good long-term bet” for organic and inorganic growth.

The top non-European country interested in acquiring firms in the eurozone was China, with  71 percent positive responses.

Only 20 percent of U.S. companies were interested in acquisition and 30 percent of U.K. companies.

The survey was made up of 450 executives worldwide with 96 percent of the participating companies having revenues of at least $1 billion.

Leading the European countries was Germany, with 58 percent of respondents saying they have acquisition plans in the area.

Companies from Spain followed with 57 percent and France with 36 percent.

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Written by David J. Barton

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