M&A NEWS

Top mergers and acquisitions in Europe in February 2026

Every verified merger and acquisition involving Europe in this period, ranked by disclosed value. Updated every morning.

We tracked 32 deals involving Europe in February 2026, 21 of them with a disclosed value, worth $65.9bn in total. The largest was ENGIE SA's $14.2bn deal for UK Power Networks, ahead of Nuveen, LLC and Schroders plc at $13.5bn.

Top mergers and acquisitions in Europe in February 2026

Europe M&A news →
  1. 125 FebENGIE SA → UK Power NetworksEngie agrees £10.5bn deal for UK Power NetworksEnergy / Electricity distributionCompleted$14.2bn
  2. 212 FebNuveen, LLC → Schroders plcNuveen agrees £9.9bn takeover of SchrodersFinancials / Asset managementCompleted$13.5bn
  3. 39 FebAdvent International, FedEx, A&R and PPF consortium → InPost S.A.Advent and FedEx lead €7.8bn take-private of InPostTransport / Parcel lockers and logisticsCompleted$9.2bn
  4. 412 FebBlackstone Infrastructure and EQT Infrastructure VI → UrbaserBlackstone and EQT agree $6.6bn deal for UrbaserIndustrials / Waste managementCompleted$6.6bn
  5. 527 FebCPP Investments and Equinix → atNorthCPP Investments and Equinix agree $4bn deal for atNorthTechnology / Data centresCompleted$4bn
  6. 69 FebNatWest Group plc → Evelyn PartnersNatWest agrees £2.7bn deal for Evelyn PartnersFinancials / Wealth managementCompleted$3.7bn
  7. 718 Febnexfibre → Substantial Group (Netomnia)nexfibre agrees £2bn deal for Netomnia owner Substantial GroupTelecom / Fibre broadbandIn review$2.7bn
  8. 89 FebCVC Capital Partners → dsm-firmenich Animal Nutrition & HealthCVC agrees €2.2bn carve-out of dsm-firmenich animal nutrition armChemicals / Animal nutritionAgreed$2.6bn
  9. 94 FebHenkel AG & Co. KGaA → Stahl GroupHenkel agrees €2.1bn deal for coatings maker StahlChemicals / Specialty coatingsCompleted$2.5bn
  10. 1011 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
  11. 1118 FebeBay Inc. → DepopeBay agrees US$1.2bn deal for DepopConsumer / Online fashion resaleCompleted$1.2bn
  12. 1218 FebLiberty Global Ltd. → VodafoneZiggo (Vodafone's 50% stake)Liberty Global takes full control of VodafoneZiggoTelecom / Cable and mobileCompleted$1.2bn
  13. 1326 FebAsahi Kasei Corporation → AiCuris Anti-infective Cures AGAsahi Kasei agrees €780m deal for AiCurisHealthcare / BiotechCompleted$920m
  14. 143 FebColliers International Group Inc. → Ayesa Engineering S.A.U.Colliers agrees US$700m deal for Ayesa EngineeringIndustrials / Engineering servicesCompleted$700m
  15. 153 FebInfineon Technologies AG → ams OSRAM non-optical analog/mixed-signal sensor businessInfineon agrees €570m deal for ams OSRAM sensor businessTechnology / SemiconductorsCompleted$670m
  16. 1625 FebVerdane (Frontier Bidco) → Augmentum Fintech plcVerdane agrees £185.7m takeover of Augmentum FintechFinancials / Investment trustCompleted$250m
  17. 1710 FebRezolve AI plc → Reward Loyalty UK LimitedRezolve AI buys Reward in US$230m cash dealTechnology / Loyalty and commerce softwareCompleted$230m
  18. 1816 FebOptima Health plc → PAM Healthcare LimitedOptima Health agrees £100m deal for PAM HealthcareHealthcare / Occupational healthCompleted$136m
  19. 1918 FebOrganigram Global Inc. → Sanity Group GmbHOrganigram agrees €113m deal for Sanity GroupHealthcare / Medical cannabisCompleted$134m
  20. 2013 FebAlkem Laboratories Ltd (Alkem MedTech) → Occlutech Holding AG (majority stake)Alkem buys majority of Swiss heart-implant maker Occlutech for €99.4mHealthcare / Medical devicesCompleted$118m
  21. 2112 FebAdmiral Group plc → FlockAdmiral agrees £80m deal for fleet insurer FlockFinancials / InsuranceCompleted$109m
  22. 226 FebSalzgitter AG → Hüttenwerke Krupp Mannesmann (HKM)Salzgitter agrees to take full control of HKM steelworksMaterials / SteelCompletedUndisclosed
  23. 236 FebRoyal A-ware → Global Dairy VenturesRoyal A-ware buys cheese distributor Global Dairy VenturesConsumer / Dairy distributionAgreedUndisclosed
  24. 249 FebBAE Systems plc (BAE Systems Bofors) → Aston Harald Mekaniska Verkstad ABBAE Systems Bofors buys Swedish machining supplier Aston HaraldIndustrials / Defence supply chainCompletedUndisclosed
  25. 2513 FebCerealis → Cerealto pasta business (Venta de Baños plant)Cerealis buys Cerealto's Spanish pasta businessConsumer / Packaged foodAgreedUndisclosed
  26. 2613 FebMutares SE & Co. KGaA → Hamberger Industriewerke flooring business (HARO)Mutares agrees carve-out of HARO flooring from HambergerConsumer / FlooringCompletedUndisclosed
  27. 2717 FebOrkla Food Ingredients → SennaOrkla Food Ingredients agrees to buy Austria's SennaConsumer / Food ingredientsAgreedUndisclosed
  28. 2824 FebWienerberger AG → Italcer GroupWienerberger takes control of Italian tile maker ItalcerMaterials / Ceramic tilesCompletedUndisclosed
  29. 2924 FebEPC Groupe → SSE Group civil explosives and drilling & blasting businessesEPC and SSE call off civil explosives combinationChemicals / Civil explosivesTerminatedUndisclosed
  30. 3025 FebOne River Asset Management → LGT Capital Partners Quantitative Investment Solutions unitOne River agrees to buy LGT Capital Partners' quant unitFinancials / Asset managementAgreedUndisclosed
  31. 3126 FebArthur J. Gallagher & Co. → Krose GmbH & Co KGGallagher buys Bremen industrial broker KroseFinancials / Insurance brokingCompletedUndisclosed
  32. 3227 FebMitsubishi Heavy Industries Compressor Corporation → AST Turbo AGMitsubishi Heavy Industries buys Swiss turbine service firm AST TurboIndustrials / Industrial servicesCompletedUndisclosed