Top mergers and acquisitions in Germany in January 2026
Every verified merger and acquisition involving Germany in this period, ranked by disclosed value. Updated every morning.
We tracked 7 deals involving Germany in January 2026, 4 of them with a disclosed value, worth $10.7bn in total. The largest was Deutsche Börse AG's $6.2bn deal for Allfunds Group plc, ahead of Worthington Steel, Inc. and Klöckner & Co SE at $2.4bn.
Top mergers and acquisitions in Germany in January 2026
- 121 JanDeutsche Börse AG → Allfunds Group plcDeutsche Börse agrees €5.3bn takeover of AllfundsFinancials / Fund distribution platformIn review$6.2bn
- 215 JanWorthington Steel, Inc. → Klöckner & Co SEWorthington Steel agrees €2.1bn takeover of Klöckner & CoMaterials / Steel distribution and metal processingCompleted$2.4bn
- 327 JanANTA Sports Products Limited → PUMA SE (29.06% stake)ANTA buys Pinault family's 29% Puma stake for €1.5bnConsumer / SportswearCompleted$1.8bn
- 428 JanSword Health → Kaia HealthSword Health buys Munich's Kaia Health for $285mHealthcare / Digital therapeuticsCompleted$285m
- 55 JanBENTELER Group → ioki GmbHBenteler buys Deutsche Bahn's ioki for autonomous mobility pushTransport / On-demand mobility softwareAgreedUndisclosed
- 615 JanPlaylist (backed by Vista Equity Partners and Affinity Partners) → EGYMPlaylist and EGYM merge in US$7.5bn fitness-technology dealTechnology / Fitness technologyCompletedUndisclosed
- 716 JanHenkel AG & Co. KGaA → ATP adhesive systems AGHenkel buys Swiss tape maker ATP from ArsenalChemicals / Specialty adhesive tapesCompletedUndisclosed