Construction & Real Estate industry cross border M&A deals total $5.2bn globally in January 2021

23 February 2021 (Last Updated February 23rd, 2021 12:34)

Total construction & real estate industry cross border M&A deals worth $5.2bn were announced globally in January 2021, led by LafargeHolcim’s $3.4bn acquisition of Firestone Building ProductsLLC, according to GlobalData’s deals database.

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The value marked a decrease of 14.3% over the previous month of $6.07bn and a rise of 23.2% when compared with the last 12-month average, which stood at $4.22bn.

Comparing cross border M&A deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $3.43bn. At the country level, the US topped the list in terms of deal value at $3.43bn.

In terms of volumes, Europe emerged as the top region for construction & real estate industry cross border M&A deals globally, followed by North America and then Asia-Pacific.

The top country in terms of cross border M&A deals activity in January 2021 was the US with eight deals, followed by the UK with three and Austria with three.

In 2021, as of January, construction & real estate cross border M&A deals worth $5.2bn were announced globally, marking an increase of 472.9% year on year.

construction & real estate industry cross border M&A deals in January 2021: Top deals

The top five cross border M&A deals accounted for 96% of the overall value during January 2021.

The combined value of the top five construction & real estate cross border M&A deals stood at $4.99bn, against the overall value of $5.2bn recorded for the month.

The top five construction & real estate industry cross border M&A deals of January 2021 tracked by GlobalData were:

1) LafargeHolcim’s $3.4bn acquisition of Firestone Building ProductsLLC

2) The $934.57m acquisition of Luyuan Investment Holdings by Jiayuan International Group

3) Aggregate Holdings’ $267.42m acquisition of Immofinanz

4) The $247.31m acquisition of Beijing Fraser Suites Real Estate Management by Shanghai Fu Ting

5) Aggregate Holdings’ acquisition of Sparkassen Immobilien for $145.38m.

Verdict deals analysis methodology

This analysis considers only announced and completed cross border deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.