The 2025 Germany M&A Outlook, in association with Ansarada, features a survey of 50 senior, Germany-based executives. It takes the pulse of corporate and private equity dealmakers’ sentiment of the M&A market in Germany over the past year and looks ahead to what’s in store for 2025.

Key findings include:

• 58% are optimistic about German GDP growth.
• 56% perceive increasing M&A activity in the Mittelstand to be positive.
• 74% expect more domestic German deals in 2025 than in 2024, including 28% who expect a significant pick-up.
• UK and Ireland tops the list for sources of inbound deals in 2025.
• In terms of sectors, 68% expect industrials and chemicals will see the strongest M&A growth in the next 12 months.
• Synergies and supply chain optimisation will be the strongest M&A drivers in 2025.
• 50% say that data protection has been the most exacting area of regulatory scrutiny over the past 12 months, followed by environmental issues.
• 56% believe that private debt will be the most attractive source of financing in the next 12 months in Germany.

The report is also available at ansarada.com