Construction & Real Estate industry M&A deals total $8.83bn globally in January 2021

23 February 2021 (Last Updated February 23rd, 2021 15:23)

Total construction & real estate industry M&A deals worth $8.83bn 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 20.5% over the previous month of $11.11bn and a drop of 25.8% when compared with the last 12-month average, which stood at $11.9bn.

Comparing M&A deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $6.09bn. At the country level, the US topped the list in terms of deal value at $6.07bn.

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

The top country in terms of M&A deals activity in January 2021 was the US with 59 deals, followed by the UK with 13 and China with 11.

In 2021, as of January, construction & real estate M&A deals worth $8.83bn were announced globally, marking an increase of 24.2% year on year.

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

The top five M&A deals accounted for 84.9% of the overall value during January 2021.

The combined value of the top five construction & real estate M&A deals stood at $7.49bn, against the overall value of $8.83bn 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 of Landcadia Holdings III and The Hillman Group by

3) Jiayuan International Group’s $934.57m acquisition of Luyuan Investment Holdings

4) The $267.42m acquisition of Immofinanz by Aggregate Holdings

5) Shanghai Fu Ting’s acquisition of Beijing Fraser Suites Real Estate Management for $247.31m.