Romania’s M&A market roughly steady in January-September amid notable outbound activity
The Romanian mergers and acquisitions (M&A) market increased by 8.5% y/y by the number of deals, to 216 transactions, but contracted by 1.9% y/y to USD 5.4 billion by the estimated value in the first nine months of 2025, according to an EY…
iulian ernst · Journalist
· Updated · 2 min read

The Romanian mergers and acquisitions (M&A) market increased by 8.5% y/y by the number of deals, to 216 transactions, but contracted by 1.9% y/y to USD 5.4 billion by the estimated value in the first nine months of 2025, according to an EY analysis. Three outbound deals stood out in the third quarter of the year, one of which was the largest deal in the quarter, and the number of outbound deals increased by 10% to 89.
The value of reported transactions recorded a significant increase, advancing by 22.7% to USD 3.2 billion, driven by the CVC-backed acquisition of Regina Maria by Mehiläinen for USD 1.4 billion, Ziarul Financiar reported.


