A key underlying reason is the digital transformation, according to the latest Deloitte US/EU M&A Report. The number of American takeovers in Austria has risen sharply over the past five years, showing an average growth rate of 21 percent annually. Fifteen Austrian firms were acquired by American companies in 2017. Innovative technology companies were particularly popular.
The innovative strength of domestic firms and the strategically favorable location in the heart of Europe make Austria an interesting investment for American companies, Deloitte Austria emphasizes. The USA placed third overall in the period 2013-2017, accounting for 49 acquisitions, only slightly behind Switzerland with 50 and Germany, ranked number one based on its takeover of 134 Austrian companies.