8 Acquisitions of Companies in the Building Material Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Building Material industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 8 acquisitions that took place in the Building Material industry.

Keronite acquired by Curtiss-Wright

Details about the transaction:

Acquisition amount:

$35,000,000

Announcement:

16 November 2022

Details about the company:

Global technology business Keronite has developed an eco-friendly method for treating the surface of light alloys.

Headquarter:

Haverhill, Suffolk, United Kingdom

Where to find them:

Industry:

Advanced Materials, Building Material, Chemical, Manufacturing

Details about the buyer:

Curtiss-Wright serves the commercial, industrial, defense, and energy industries with engineered, critical function goods and services.

Headquarter:

Parsippany, New Jersey, United States

Where to find them:

Solcius acquired by Sunworks

Details about the transaction:

Acquisition amount:

$51,800,000

Announcement:

9 April 2021

Details about the company:

Design and Installation of Residential Solar

Headquarter:

Provo, Utah, United States

Where to find them:

Industry:

Building Material, Energy, Mining, Real Estate, Renewable Energy, Solar, Web Design

Details about the buyer:

In order to enhance the conversion of sunshine into power, Sunworks creates a three-dimensional solar cell technology.

Headquarter:

Santa Barbara, California, United States

Where to find them:

Broderna Ohman acquired by Bellman Group

Details about the transaction:

Acquisition amount:

$16,508,095

Announcement:

10 June 2022

Details about the company:

Construction, excavation, crushing, rock blasting, building roads and railroads, and mass handling are some of the businesses operated by Broderna Ohman.

Headquarter:

Älvsbyn, Norrbottens Lan, Sweden

Where to find them:

Industry:

Building Material, Construction

Details about the buyer:

Bellman Group offers transport and machinery-related services for plants.

Headquarter:

Salsjö, Vasternorrlands Lan, Sweden

Where to find them:

TIMCO acquired by Bufab Group

Details about the transaction:

Acquisition amount:

$71,113,827

Announcement:

21 March 2022

Details about the company:

One of the UK's top providers of necessary building supplies is TIMCO.

Headquarter:

Nantwich, Cheshire, United Kingdom

Where to find them:

Industry:

Building Material, Construction, Wholesale

Details about the buyer:

In Sweden, Bufab Group offers services for procurement, quality assurance, and logistics for C-parts.

Headquarter:

Värnamo, Kalmar Lan, Sweden

Where to find them:

Quality Aluminum Products acquired by Gibraltar Industries

Details about the transaction:

Acquisition amount:

$54,000,000

Announcement:

23 August 2022

Details about the company:

A manufacturer specializing in aluminum siding, soffit and fascia, roof edges, and other products is called Quality Aluminum Products.

Headquarter:

Hastings, Michigan, United States

Where to find them:

Industry:

Building Material, Industrial, Manufacturing

Details about the buyer:

Manufacturer of building supplies used in the construction of various structures is Gibraltar Industries.

Headquarter:

Buffalo, New York, United States

Where to find them:

Calvert acquired by Western Forest Products

Details about the transaction:

Acquisition amount:

$14,500,000

Announcement:

19 July 2022

Details about the company:

Glulam and heavy timber trusses of the curved and arched kind are manufactured and fabricated by Calvert.

Headquarter:

Vancouver, Washington, United States

Where to find them:

Industry:

Building Material, Manufacturing, Wood Processing

Details about the buyer:

A firm that sells forest products is Western Forest Products.

Headquarter:

Vancouver, British Columbia, Canada

Where to find them:

Grant Westfield acquired by Norcros

Details about the transaction:

Acquisition amount:

$21,967,615

Announcement:

12 May 2022

Details about the company:

Grant Westfield is a company that designs and manufactures paneling solutions, equipment, and procedures for use in building interiors.

Headquarter:

Penicuik, Midlothian, United Kingdom

Where to find them:

Industry:

Building Material, Interior Design, Manufacturing

Details about the buyer:

We have a long history of providing customers, architects, designers, merchants, and wholesalers with excellent service.

Headquarter:

Wilmslow, Cheshire, United Kingdom

Where to find them:

PcP acquired by Lagercrantz Group

Details about the transaction:

Acquisition amount:

$50,294,250

Announcement:

6 June 2022

Details about the company:

PcP is a supplier of items including treads, scaffold boards, press-welded mesh gratings, plank gratings, and treads.

Headquarter:

Vildbjerg, Midtjylland, Denmark

Where to find them:

Industry:

Building Material, Manufacturing, Wholesale

Details about the buyer:

The Lagercrantz Group provides cutting-edge, value-generating technology through either its own products or third-party ones.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them: