Materials M&A news: materials mergers and acquisitions in 2026
Every materials merger, acquisition, take-private and carve-out we have verified in 2026, newest first. Updated every morning.
Atlantic Ridge Capital and Grafine Partners → Paragon Films$900mFangda Special Steel Technology → Jiangxi Fangda Steel Group Enterprise Investment$520mMartin Marietta Materials, Inc. → Lhoist North America, Inc.$13.5bnSGH Ltd and Steel Dynamics, Inc. → BlueScope Steel Ltd$8.8bnCRH plc → Arcosa, Inc.$8.5bnApollo Funds → Nippon Sheet Glass Co., Ltd. (NSG Group)$3.7bnWorthington Steel, Inc. → Klöckner & Co SE$2.4bnEnergy Fuels Inc. → Vacuumschmelze (VAC)$1.9bnIndorama Ventures PCL (via Indovida India) → EPL Limited$1.2bnHeidelberg Materials Australia → Maas Group Holdings – Construction Materials division$1.2bnPacific Avenue Capital Partners → Oldcastle Lawn & Garden, Inc. (now GardenCore)$1.1bnHolcim AG → Fermacell (James Hardie Europe)$981m
27Deals tracked
$46bnDisclosed value
$13.5bnLargest deal
14Completed
Materials M&A news: materials mergers and acquisitions in 2026
- 16 Oct 2026Fangda Special Steel sets RMB3.5bn terms to absorb sister vanadium-steel groupFangda Special Steel Technology → Jiangxi Fangda Steel Group Enterprise InvestmentMaterials / Steel and vanadiumAgreed$520m
- 15 Oct 2026International Paper in talks with bidders for DS Smith-based EMEA packaging armLone Star Funds / Atlas Holdings (reported bidders) → International Paper EMEA Packaging Business (DS Smith)Materials / PackagingIn talksUndisclosed
- 13 Oct 2026Rhône sells Paragon Films to Atlantic Ridge and Grafine for about $900mAtlantic Ridge Capital and Grafine Partners → Paragon FilmsMaterials / Packaging filmsAgreed$900m
- 20 Aug 2026Holcim agrees €840m deal for FermacellHolcim AG → Fermacell (James Hardie Europe)Materials / Building materialsAgreed$981m
- 27 Jul 2026Wynnchurch agrees to take Luxfer private at US$17.37 a shareWynnchurch Capital (Double Eagle Acquisition Buyer) → Luxfer Holdings PLCMaterials / Advanced materials and gas cylindersAgreedUndisclosed
- 29 Jun 2026Martin Marietta agrees US$13.5bn deal for Lhoist North AmericaMartin Marietta Materials, Inc. → Lhoist North America, Inc.Materials / Lime and limestoneCompleted$13.5bn
- 23 Jun 2026Energy Fuels agrees US$1.9bn deal for German magnet maker VACEnergy Fuels Inc. → Vacuumschmelze (VAC)Materials / Rare earth magnetsAgreed$1.9bn
- 22 Jun 2026CRH agrees US$8.5bn deal for ArcosaCRH plc → Arcosa, Inc.Materials / Aggregates and infrastructure productsAgreed$8.5bn
- 2 Jun 2026K+S agrees up to €380m deal for Qemetica's salt businessK+S Aktiengesellschaft (via esco international GmbH) → Qemetica salt business (Janikowo and Staßfurt)Materials / SaltAgreed$408m
- 28 May 2026Mitsubishi Materials folds copper buying into Pan Pacific CopperPan Pacific Copper Co., Ltd. (JX Advanced Metals, Mitsui Kinzoku, Marubeni) → Mitsubishi Materials' copper concentrate purchasing and sales businessMaterials / Copper smeltingAgreedUndisclosed
- 12 May 2026Saica agrees to buy German packaging maker ThimmSaica Group → Thimm GroupMaterials / Corrugated packagingCompletedUndisclosed
- 12 May 2026MBK buys Japanese can maker Altemira from ApolloMBK Partners → ALTEMIRA Holdings Co., Ltd.Materials / Aluminium packagingCompletedUndisclosed
- 8 May 2026Tenaris agrees €86m deal for Romania's Artrom Steel TubesTenaris S.A. → Artrom Steel Tubes S.A.Materials / Seamless steel pipesAgreed$100m
- 30 Apr 2026Pacific Avenue buys CRH's lawn and garden unit for over US$1.1bnPacific Avenue Capital Partners → Oldcastle Lawn & Garden, Inc. (now GardenCore)Materials / Lawn and garden productsCompleted$1.1bn
- 16 Apr 2026International Paper agrees US$360m deal for NORPAC millInternational Paper Company → North Pacific Paper Company (NORPAC)Materials / ContainerboardCompleted$360m
- 2 Apr 2026West China Cement agrees R2.5bn takeover of South Africa's AfriSamWest China Cement Limited → AfriSam Holdings Proprietary LimitedMaterials / CementAgreed$145m
- 29 Mar 2026EPL agrees merger with Indorama's Indovida, ceding control to Thai groupIndorama Ventures PCL (via Indovida India) → EPL LimitedMaterials / PackagingIn review$1.2bn
- 25 Mar 2026Taiheiyo Cement agrees ¥37bn purchase of Tokuyama cement sales armTaiheiyo Cement Corporation → Tokuyama Corporation's domestic cement sales business (Tokuyama Cement)Materials / CementCompleted$233m
- 23 Mar 2026Apollo agrees $3.7bn deal for Nippon Sheet GlassApollo Funds → Nippon Sheet Glass Co., Ltd. (NSG Group)Materials / Glass manufacturingCompleted$3.7bn
- 27 Feb 2026BG Container Glass takes control of Bangkok Can from Toyo SeikanBG Container Glass PCL → Bangkok Can Manufacturing Co., Ltd. (25.9%)Materials / Metal packagingCompleted$25m
- 25 Feb 2026JX Advanced Metals to absorb Toho Titanium in share swapJX Advanced Metals Corporation → Toho Titanium Co., Ltd.Materials / Titanium and specialty metalsCompletedUndisclosed
- 24 Feb 2026Wienerberger takes control of Italian tile maker ItalcerWienerberger AG → Italcer GroupMaterials / Ceramic tilesCompletedUndisclosed
- 9 Feb 2026Gravita India buys copper maker Rashtriya Metal for up to ₹565 croreGravita India Ltd → Rashtriya Metal Industries LtdMaterials / Copper and copper alloysCompleted$62m
- 6 Feb 2026Salzgitter agrees to take full control of HKM steelworksSalzgitter AG → Hüttenwerke Krupp Mannesmann (HKM)Materials / SteelCompletedUndisclosed
- 4 Feb 2026Heidelberg Materials agrees A$1.7bn deal for Maas quarries businessHeidelberg Materials Australia → Maas Group Holdings – Construction Materials divisionMaterials / Aggregates and concreteCompleted$1.2bn
- 15 Jan 2026Worthington Steel agrees €2.1bn takeover of Klöckner & CoWorthington Steel, Inc. → Klöckner & Co SEMaterials / Steel distribution and metal processingCompleted$2.4bn
- 5 Jan 2026SGH and Steel Dynamics make A$13.2bn break-up bid for BlueScopeSGH Ltd and Steel Dynamics, Inc. → BlueScope Steel LtdMaterials / SteelTerminated$8.8bn