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Construction & Real Estate industry M&A deals total $6.07bn in US in January 2021

01 Mar 2021 (Last Updated March 1st, 2021 18:22)

Total construction & real estate industry M&A deals worth $6.07bn were announced in the US in January 2021, with LafargeHolcim’s $3.4bn acquisition of Firestone Building ProductsLLC being the sector’s biggest investment, according to GlobalData’s deals database.

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The value marked an increase of 437.2% over the previous month of $1.13bn and a rise of 159.4% when compared with the last 12-month average of $2.34bn.

The US held a 68.74% share of the global construction & real estate industry M&A deal value that totalled $8.83bn in January 2021.

In terms of M&A deal activity, the US recorded 59 deals during January 2021, marking an increase of 7.27% over the previous month and a rise of 28.26% over the 12-month average.

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

The top three construction & real estate industry M&A deals accounted for 99.8% of the overall value during January 2021.

The combined value of the top three construction & real estate M&A deals stood at $6.06bn, against the overall value of $6.07bn recorded for the month.

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

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

2) The $2.64bn merger of Landcadia Holdings III and The Hillman Group

3) Caesarstone’ $27m acquisition of Omicron Granite & Tile.