Top mergers and acquisitions in Germany in 2026
Every verified merger and acquisition involving Germany in this period, ranked by disclosed value. Updated every morning.
We tracked 8 deals involving Germany in 2026, 3 of them with a disclosed value, worth $15.5bn in total. The largest was BASF's $11.7bn approach for Evonik, ahead of Telix Pharmaceuticals and ITM Isotope Technologies Munich at $2.4bn.
Top mergers and acquisitions in Germany in 2026
- 128 SeptBASF → EvonikEvonik rejects BASF's EUR10.3bn takeover approach as too lowChemicalsIn talks$11.7bn
- 220 SeptTelix Pharmaceuticals → ITM Isotope Technologies MunichTelix agrees up to $2.35bn deal for Munich's ITMHealthcare / RadiopharmaAgreed$2.4bn
- 36 OctPersistent Systems → NagarroPersistent secures 94% of Nagarro in EUR81-a-share offerTechnology / IT servicesAgreed$1.5bn
- 424 SeptVerlagsgruppe Georg von Holtzbrinck → Zeit Verlagsgruppe (50% stake)Cartel office clears Holtzbrinck's full takeover of Die ZeitMediaCompletedUndisclosed
- 51 OctFresenius → mAbxience (remaining 45%)Fresenius takes full control of mAbxience for up to EUR750mHealthcare / BiosimilarsCompletedUndisclosed
- 65 OctUnited Internet → 1&1 AG (new shares)United Internet lifts 1&1 stake to 89% in €850m debt-for-equity swapTelecomsAgreedUndisclosed
- 76 OctRheinmetall → Alstom Kassel locomotive plantRheinmetall agrees in principle to take over Alstom's Kassel plantIndustrials/DefenceIn talksUndisclosed
- 812 OctXXXLutz → PortaEU opens in-depth probe into XXXLutz's Porta takeoverConsumer / Furniture retailIn reviewUndisclosed