Top mergers and acquisitions in Germany in February 2026
Every verified merger and acquisition involving Germany in this period, ranked by disclosed value. Updated every morning.
We tracked 10 deals involving Germany in February 2026, 7 of them with a disclosed value, worth $10.9bn in total. The largest was Hapag-Lloyd AG's $4.2bn deal for ZIM Integrated Shipping Services Ltd., ahead of Henkel AG & Co. KGaA and Stahl Group at $2.5bn.
Top mergers and acquisitions in Germany in February 2026
- 116 FebHapag-Lloyd AG → ZIM Integrated Shipping Services Ltd.Hapag-Lloyd agrees US$4.2bn takeover of Israel's ZIMTransport / Container shippingIn review$4.2bn
- 24 FebHenkel AG & Co. KGaA → Stahl GroupHenkel agrees €2.1bn deal for coatings maker StahlChemicals / Specialty coatingsCompleted$2.5bn
- 311 FebDeutsche Börse AG → ISS STOXX (20% stake held by General Atlantic)Deutsche Börse buys out General Atlantic in ISS STOXX for €1.1bnFinancials / Index and data providerAgreed$1.3bn
- 44 FebHeidelberg Materials Australia → Maas Group Holdings – Construction Materials divisionHeidelberg Materials agrees A$1.7bn deal for Maas quarries businessMaterials / Aggregates and concreteCompleted$1.2bn
- 526 FebAsahi Kasei Corporation → AiCuris Anti-infective Cures AGAsahi Kasei agrees €780m deal for AiCurisHealthcare / BiotechCompleted$920m
- 63 FebInfineon Technologies AG → ams OSRAM non-optical analog/mixed-signal sensor businessInfineon agrees €570m deal for ams OSRAM sensor businessTechnology / SemiconductorsCompleted$670m
- 718 FebOrganigram Global Inc. → Sanity Group GmbHOrganigram agrees €113m deal for Sanity GroupHealthcare / Medical cannabisCompleted$134m
- 86 FebSalzgitter AG → Hüttenwerke Krupp Mannesmann (HKM)Salzgitter agrees to take full control of HKM steelworksMaterials / SteelCompletedUndisclosed
- 913 FebMutares SE & Co. KGaA → Hamberger Industriewerke flooring business (HARO)Mutares agrees carve-out of HARO flooring from HambergerConsumer / FlooringCompletedUndisclosed
- 1026 FebArthur J. Gallagher & Co. → Krose GmbH & Co KGGallagher buys Bremen industrial broker KroseFinancials / Insurance brokingCompletedUndisclosed