Welligence Europe Q4 2024 M&A Report | UK M&A returns, but Norway stays muted

January 10, 2025

Deal activity in the UK and Norway, which continue to dominate the upstream M&A landscape in Europe, reduced by 38% in 2024 compared to 2023. In the UK, companies put M&A processes on hold, or cancelled them entirely, as a result of the increasingly challenging investment environment.