Top materials mergers and acquisitions in February 2026
Every verified merger and acquisition in the materials sector in this period, ranked by disclosed value. Updated every morning.
We tracked 6 deals in the materials sector in February 2026, 3 of them with a disclosed value, worth $1.3bn in total. The largest was Heidelberg Materials Australia's $1.2bn deal for Maas Group Holdings – Construction Materials division, ahead of Gravita India Ltd and Rashtriya Metal Industries Ltd at $62m.
Top materials mergers and acquisitions in February 2026
- 14 FebHeidelberg Materials Australia → Maas Group Holdings – Construction Materials divisionHeidelberg Materials agrees A$1.7bn deal for Maas quarries businessMaterials / Aggregates and concreteCompleted$1.2bn
- 29 FebGravita India Ltd → Rashtriya Metal Industries LtdGravita India buys copper maker Rashtriya Metal for up to ₹565 croreMaterials / Copper and copper alloysCompleted$62m
- 327 FebBG Container Glass PCL → Bangkok Can Manufacturing Co., Ltd. (25.9%)BG Container Glass takes control of Bangkok Can from Toyo SeikanMaterials / Metal packagingCompleted$25m
- 425 FebJX Advanced Metals Corporation → Toho Titanium Co., Ltd.JX Advanced Metals to absorb Toho Titanium in share swapMaterials / Titanium and specialty metalsCompletedUndisclosed
- 524 FebWienerberger AG → Italcer GroupWienerberger takes control of Italian tile maker ItalcerMaterials / Ceramic tilesCompletedUndisclosed
- 66 FebSalzgitter AG → Hüttenwerke Krupp Mannesmann (HKM)Salzgitter agrees to take full control of HKM steelworksMaterials / SteelCompletedUndisclosed