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Davy Corporate Finance wins M&A award

Davy Corporate Finance has won the 2008 Financial Advisor of the Year Ireland in the second annual Financial Times - Mergermarket European M&A Awards.

Davy advised on a number of deals in 2008, including the €2.5 billion cross-border merger between IAWS Group and Hiestand Holding to create Aryzta, the largest deal on the Irish stock market this year.

Other deals on which the company advised included the €101.3m takeover of Horizon Technology by Avnet Holdings and the £20.8m takeover of Alltracel Pharmaceuticals by Castlerise Investments.

It is also currently advising on the Ryanair bid for Aer Lingus and the Moonduster approach to Irish Continental Group.