Top mergers and acquisitions in Europe in March 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 March 2026, 19 of them with a disclosed value, worth $116.5bn in total. The largest was McCormick & Company's $44.8bn deal for Unilever Foods, ahead of UniCredit S.p.A. and Commerzbank AG at $40.2bn.
Top mergers and acquisitions in Europe in March 2026
- 131 MarMcCormick & Company → Unilever FoodsMcCormick agrees US$44.8bn combination with Unilever FoodsConsumer / Packaged foodIn review$44.8bn
- 216 MarUniCredit S.p.A. → Commerzbank AGUniCredit launches exchange offer for CommerzbankFinancials / BankingIn review$40.2bn
- 322 MarPoste Italiane S.p.A. → Telecom Italia S.p.A. (TIM)Poste Italiane bids €10.8bn for control of Telecom ItaliaTelecom / Fixed and mobile operatorCompleted$12.5bn
- 431 MarEli Lilly and Company → Centessa Pharmaceuticals plcLilly agrees up to US$7.8bn deal for CentessaHealthcare / BiotechCompleted$6.3bn
- 56 MarLone Star Funds (Lone Star Fund XII) → Lonza Capsules & Health Ingredients (60%)Lone Star agrees CHF2.3bn carve-out of Lonza's capsules armHealthcare / Capsules and nutrition ingredientsAgreed$3bn
- 616 MarAmplifon S.p.A. → GN Hearing (GN Store Nord)Amplifon agrees €2.3bn deal for GN HearingHealthcare / Hearing aidsAgreed$2.6bn
- 717 MarMastercard Incorporated → BVNKMastercard agrees up to US$1.8bn deal for BVNKFinancials / Payments infrastructureCompleted$1.8bn
- 85 MarGlobal Infrastructure Partners (BlackRock) → TCRGIP buys airport equipment lessor TCR from 3i InfrastructureTransport / Airport ground support equipment leasingCompleted$1.3bn
- 92 MarSPIE SA → ROFA Industrial Automation AGSPIE agrees to buy German automation group ROFAIndustrials / Factory automationCompleted$799m
- 106 MarAxel Springer SE → Telegraph Media GroupAxel Springer agrees £575m deal for the TelegraphMedia / NewspapersCompleted$767m
- 1128 MarRaiffeisen Bank International AG → Garanti BBVA Group RomaniaRaiffeisen agrees €591m deal for Garanti BBVA RomaniaFinancials / BankingAgreed$681m
- 129 MarZurich Insurance Group → Generali Ireland P&C (RedClick)Zurich agrees €337m deal for Generali's Irish insurer RedClickFinancials / InsuranceAgreed$389m
- 1316 MarStoneX Group Inc. → CAB Payments Holdings plcStoneX abandons rival bid for CAB PaymentsFinancials / Cross-border paymentsTerminated$321m
- 142 MarHelios Consortium (Mara BidCo: Helios Fund V, Helios Fairfax Partners, Helios Fund III) → CAB Payments Holdings plcHelios launches hostile $297m bid for CAB PaymentsFinancials / Cross-border paymentsAnnounced$300m
- 152 MarRadNet, Inc. → Gleamer SASRadNet buys Gleamer for up to €230mHealthcare / Radiology AICompleted$269m
- 1616 MarWisdomTree, Inc. → Atlantic House Holdings LimitedWisdomTree buys Atlantic House for £150mFinancials / Asset managementCompleted$200m
- 172 MarMalibu Boats, Inc. → Saxdor YachtsMalibu Boats buys Saxdor Yachts for €150mConsumer / Leisure boatsCompleted$175m
- 1826 MarKustom AB → Vipps MobilePay Checkout (merchant contracts)Kustom agrees up to NOK490m deal for Vipps MobilePay CheckoutFinancials / E-commerce paymentsCompleted$51m
- 192 MarTilray Brands, Inc. → BrewDog (selected assets)Tilray buys BrewDog out of administration for £33mConsumer / Craft beerCompleted$44m
- 203 MarMSCI Inc. → Compass Financial Technologies SAMSCI buys Swiss index calculator CompassFinancials / Index providerCompletedUndisclosed
- 214 MarRheinmetall AG → DOK-ING d.o.o. (51%)Rheinmetall takes majority stake in Croatia's DOK-INGIndustrials / Defence unmanned vehiclesCompletedUndisclosed
- 225 MarŌura Health Oy → DoublepointOura buys gesture-control start-up DoublepointTechnology / WearablesCompletedUndisclosed
- 239 MarEQT Active Core Infrastructure → Kelda Holdings (Yorkshire Water) – 42% stakeEQT buys 42% of Yorkshire Water parent KeldaIndustrials / Water utilitiesCompletedUndisclosed
- 2411 MarLeonardo S.p.A. → Becrypt LtdLeonardo agrees to buy UK cyber firm BecryptTechnology / Cyber securityCompletedUndisclosed
- 2512 MarEnergy Aspects → Kayrros SASEnergy Aspects agrees to buy satellite analytics firm KayrrosTechnology / Geospatial analyticsCompletedUndisclosed
- 2613 MarRamp Business Corporation → Billhop ABRamp buys Stockholm payments firm BillhopFinancials / B2B paymentsCompletedUndisclosed
- 2719 MarMercer (Marsh) → AltamarCAM PartnersMercer agrees to buy Spain's AltamarCAMFinancials / Asset managementAgreedUndisclosed
- 2823 MarDanone SA → Huel LtdDanone agrees to buy HuelConsumer / Functional nutritionCompletedUndisclosed
- 2923 MarPrimary Wave Music → Kobalt Music GroupPrimary Wave agrees to buy KobaltMedia / Music publishingCompletedUndisclosed
- 3023 MarAirbus SE → Ultra Cyber LtdAirbus agrees to buy Ultra Cyber from Advent's Cobham UltraIndustrials / Defence cyber securityAgreedUndisclosed
- 3125 MarBending Spoons S.p.A. → Tractive GmbHBending Spoons agrees to buy pet tracker maker TractiveTechnology / Consumer devicesCompletedUndisclosed
- 3231 MarInflexion (Buyout Fund VI) → MarioffInflexion buys Finnish fire-suppression group Marioff from SentinelIndustrials / Fire protectionCompletedUndisclosed