Construction & Real Estate industry M&A deals total $6.09bn in North America in January 2021

Total construction & real estate industry M&A deals worth $6.09bn were announced in North America in January 2021, led by LafargeHolcim’s $3.4bn acquisition of Firestone Building ProductsLLC, according to GlobalData’s deals database.

The value marked an increase of 434.2% over the previous month of $1.14bn and a rise of 105.05% when compared with the last 12-month average of $2.97bn.

North America held a 68.97% share of the global construction & real estate industry M&A deal value that totalled $8.83bn in January 2021. With a 68.74% share and deals worth $6.07bn, the US was the top country in North America’s M&A deal value across construction & real estate industry.

In terms of M&A deal activity, North America recorded 62 deals during January 2021, marking a decrease of 6.06% over the previous month and a rise of 24.00% over the 12-month average. The US recorded 59 deals during the month.

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

The top five construction & real estate industry M&A deals accounted for 100% of the overall value during January 2021.

The combined value of the top five construction & real estate deals stood at $6.09bn, against the overall value of $6.09bn recorded for the month.

The top five 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 with Landcadia Holdings III and The Hillman Group

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

4) The $20.54m acquisition of Aurora Larssen Projects by Australis Capital

5) FOMO’s acquisition of EcoLite Holdings for $3.71m.

Verdict deals analysis methodology

This analysis considers only announced and completed 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.