Top mergers and acquisitions in Europe in May 2026
Every verified merger and acquisition involving Europe in this period, ranked by disclosed value. Updated every morning.
We tracked 33 deals involving Europe in May 2026, 16 of them with a disclosed value, worth $14.8bn in total. The largest was Vodafone Group Plc's $5.8bn deal for VodafoneThree (CK Hutchison's 49% stake), ahead of Bullish and Equiniti at $4.2bn.
Top mergers and acquisitions in Europe in May 2026
- 15 MayVodafone Group Plc → VodafoneThree (CK Hutchison's 49% stake)Vodafone agrees £4.3bn buyout of CK Hutchison's VodafoneThree stakeTelecom / Mobile networksCompleted$5.8bn
- 25 MayBullish → EquinitiBullish agrees US$4.2bn deal for transfer agent EquinitiFinancials / Shareholder servicesAgreed$4.2bn
- 322 MayApollo Global Management (Apollo Management X) → Bodycote plcApollo walks away from £1.5bn Bodycote approachIndustrials / Heat treatment servicesTerminated$2bn
- 45 MayMSA Safety Incorporated → Autronica Fire and SecurityMSA Safety agrees US$555m deal for Norway's AutronicaIndustrials / Fire and gas detectionCompleted$555m
- 57 MayCentrica plc → Severn CCGT power station (Severn Power Limited)Centrica buys Severn gas plant for about £370mEnergy / Gas-fired power generationCompleted$500m
- 612 MayVerdane → Telenor Connexion (50% stake)Verdane takes half of Telenor Connexion at SEK 7.5bn valueTelecom / IoT connectivityCompleted$500m
- 76 MayZakłady Farmaceutyczne Polpharma S.A. → Biofarm S.A.Polpharma agrees €270m takeover of Romania's BiofarmHealthcare / Generic pharmaceuticalsCompleted$320m
- 85 MayExpro → Enhanced Drilling (Enhanced Well Technologies Group AS)Expro agrees NOK2bn deal for Enhanced DrillingEnergy / Oilfield servicesCompleted$215m
- 921 MayIntegrated Media Company (VantageCo Limited) → Playstack Limited (TruFin's 84.5% stake)TruFin agrees £125m sale of Balatro publisher PlaystackMedia / Video game publishingCompleted$168m
- 1011 MayCimpress plc → SAXOPRINT and viaprinto (CEWE commercial online print)Cimpress agrees to buy SAXOPRINT and viaprinto from CEWEIndustrials / Online printingCompleted$140m
- 118 MayTenaris S.A. → Artrom Steel Tubes S.A.Tenaris agrees €86m deal for Romania's Artrom Steel TubesMaterials / Seamless steel pipesAgreed$100m
- 1229 MayHydra Investimenti S.p.A. (Volta family) → Datalogic S.p.A.Volta family's Hydra bids to take Datalogic privateTechnology / Automatic data captureCompleted$100m
- 1314 MayAMG Critical Materials N.V. (AMG Lithium B.V.) → Zinnwald Lithium plcAMG agrees £57m takeover of Zinnwald LithiumMining / LithiumCompleted$78m
- 1414 MayIntuitive Machines, Inc. → Goonhilly Earth Station Ltd (and COMSAT)Intuitive Machines agrees £37m deal for Goonhilly Earth StationTechnology / Satellite ground stationsCompleted$50m
- 1513 MayVossloh AG (Vossloh Digital Solutions GmbH) → Cordel Group plcVossloh agrees £29m takeover of CordelTechnology / Rail monitoring softwareCompleted$39m
- 165 MayGoMore ApS → Getaround Europe (Getaround SAS and Getaround Norway AS)GoMore buys Getaround Europe to form largest peer-to-peer car-sharing networkTechnology / Car-sharing platformsCompleted$37m
- 174 MaySAP SE → Prior LabsSAP agrees to buy Freiburg AI lab Prior LabsTechnology / Artificial intelligenceCompletedUndisclosed
- 185 MayPAI Partners and Fondo Italiano d'Investimento → Mecaer Aviation Group S.p.A.PAI and Fondo Italiano agree to buy Mecaer Aviation GroupIndustrials / Aerospace componentsAgreedUndisclosed
- 196 MayCinven → Ongoing WarehouseCinven backs Swedish warehouse software maker OngoingTechnology / Logistics softwareAgreedUndisclosed
- 207 MayISS A/S → Tomagruppen ASISS agrees to buy Norway's TomagruppenIndustrials / Facility servicesCompletedUndisclosed
- 2111 MayBlackstone → Skroutz (majority stake)Blackstone buys control of Greek marketplace Skroutz from CVCTechnology / E-commerce marketplaceAgreedUndisclosed
- 2212 MaySaica Group → Thimm GroupSaica agrees to buy German packaging maker ThimmMaterials / Corrugated packagingCompletedUndisclosed
- 2313 MayRöko AB (publ) → Fri-Jado Holding BV (93%)Röko buys Dutch rotisserie maker Fri-JadoIndustrials / Food service equipmentCompletedUndisclosed
- 2413 MayElis → Wäsche PerleElis buys Interlaken laundry Wäsche PerleIndustrials / Laundry and linen servicesCompletedUndisclosed
- 2514 MaySiemens Mobility (Siemens AG) → MERMEC Group core businessesSiemens agrees to buy core MERMEC rail businessesIndustrials / Rail signalling and diagnosticsAgreedUndisclosed
- 2614 MayBrookfield (private equity) → World Freight CompanyBrookfield buys air cargo agent WFC from EQT and PAITransport / Air cargo servicesAgreedUndisclosed
- 2718 MayMehiläinen Group → Aleris GroupMehiläinen agrees to buy Aleris from TritonHealthcare / Specialist care providersAgreedUndisclosed
- 2819 MayMistral AI → Emmi AIMistral AI buys Austria's Emmi AI to push into industrial engineeringTechnology / Artificial intelligenceAgreedUndisclosed
- 2920 MayPQ → BASF silicates business (Düsseldorf/Holthausen)BASF agrees to sell silicates business to PQChemicals / SilicatesAgreedUndisclosed
- 3021 MaySwiss Life Deutschland (Swiss Life Holding) → TELIS UnternehmensgruppeSwiss Life agrees to buy German adviser network TELISFinancials / Financial advice distributionAgreedUndisclosed
- 3122 MayAvista Healthcare Partners and Damier Group → sanotact Group GmbHAvista and Damier buy German supplements maker sanotactConsumer / Vitamins and supplementsCompletedUndisclosed
- 3226 MayEli Lilly and Company → LimmaTech Biologics AGLilly agrees up-to-US$780m deal for Swiss vaccine maker LimmaTechHealthcare / VaccinesAgreedUndisclosed
- 3328 MayEurazeo (Planetary Boundaries Fund) → T1A Group (majority stake)Eurazeo takes majority of Danish IT refurbisher T1ATechnology / IT asset dispositionCompletedUndisclosed