In 2025, Greece experienced a remarkable surge in its mergers and acquisitions (M&A) market, as the total value of transactions skyrocketed to 23.8 billion euros, marking a substantial increase from 12.5 billion euros in 2024. This significant growth of approximately 90% not only surpasses the 20 billion euro mark for the first time since 2008 but also underscores a revitalization of investment confidence within the Greek economy. The study conducted by PwC Greece highlights that these figures represent a significant recovery and growth in the M&A landscape, reflecting optimism among investors and businesses.

Central to this growth were several "megadeals" that dominated the market, contributing a disproportionate share of the total transaction value. For instance, the notable agreement between Allwyn and OPAP, valued at 9 billion euros, alongside Intralot's deal with Bally’s for 2.7 billion euros, stood out as some of the largest transactions ever seen in Greece. Furthermore, the acquisition of Hellenic Bank and three major agreements in the renewable energy sector, involving key players like Metlen, Asterion Industrial Partners, and Masdar Hellas, further solidified the bullish nature of the market, as new investments poured in across various sectors.

This robust performance in the M&A sector not only indicates a healthy economic environment but also suggests a shift towards forward-looking strategies among Greek businesses. As companies adapt to changing market dynamics and seek opportunities for growth, the landscape appears promising for continued activity in 2026 and beyond. This optimism, evidenced by the high levels of investment and robust deal-making activity, is crucial for the broader economic recovery in Greece, making it an enticing hub for investors in Europe.