DACH M&A activity, 2022–Q3 2025
Germany's slowdown deepened through Q3. Output contracted again as subdued investment, a sharp fall in export orders, and waning industrial competitiveness kept Europe's largest economy under pressure. a stalling industrial rebound and rising unemployment, which has surpassed 3m for the first time in over a decade. Trade uncertainties Tracking the wider EMEA trend, deal volume contracted in the DACH region in Q3, moving down by 17.3% year-on-year to 551 transactions. Despite this, aggregate deal value rose sharply to 59bn, a 66.4% gain