Top mergers and acquisitions in Germany in November 2026
Every verified merger and acquisition involving Germany in this period, ranked by disclosed value. Updated every morning.
We tracked 3 deals involving Germany in November 2026, 2 of them with a disclosed value, worth $2.6bn in total. The largest was Hexagon AB's $1.5bn deal for Waygate Technologies, ahead of Lufthansa Group and TAP Air Portugal (44.9% stake) at $1.2bn.
Top mergers and acquisitions in Germany in November 2026
- 12 NovHexagon AB → Waygate TechnologiesHexagon completes US$1.45bn Waygate Technologies dealTechnology / Inspection and non-destructive testingCompleted$1.5bn
- 23 NovLufthansa Group → TAP Air Portugal (44.9% stake)Lufthansa signs €1bn deal for 44.9% of TAP Air PortugalTransport / AirlinesAgreed$1.2bn
- 34 NovSiemens Mobility (Siemens AG) → MERMEC Group core businessesSiemens completes acquisition of core MERMEC rail businessesIndustrials / Rail signalling and diagnosticsCompletedUndisclosed