Value of M&A deals Europe 1985-2024

M&A activity in Europe has slowed down in terms value since 2018. In 2023, M&A deals in Europe totaled 1.32 billion U.S. dollars, which translated to 1.22 billion euros. In terms of volume the height of European M&A was seen in 2021, when over 23,500 deals took place. The largest ever M&A deal to take place in Europe was the 1999 acquisition of Mannesmann AG by Vodafone AirTouch.

What purpose do mergers and acquisitions serve?

Mergers and acquisitions (M&A) are an important branch of corporate strategy which deal with the combining, buying and selling of companies with the aim of helping to promote the growth of the enterprise in its sector. The combining of two companies can boost financial power, market share and business activity, allowing the newly formed company to further develop and expand within its sector and territory. Acquiring new technologies and taking advantage of distressed or turnaround opportunities were leading motivations for acquisitions among European M&A stakeholders.

Europe on a global scale

Historically, Europe has always accounted for a high share of global M&A transactions. European deals generally account for one third of all deals made globally during the year. The same cannot be said for Europe’s share of the total global deal value. When it comes to total deal value, North America far exceeds any other region.