Sector snapshot H2 2025: building products
Deal activity in the global building products sector moderated in the second half of 2025, with 762 completed transactions compared to the five-year half-year average of 909. While deal volumes were down, pricing held its own with valuations broadly in line with historic averages.
Regionally, Asia-Pacific and North America led transaction activity in H2 2025, driven by sustained public infrastructure investment and increased demand for smart, innovative, and performance-driven building materials. Mergers and acquisitions remain an important growth strategy, with a proportional increase in larger deals exceeding EUR 500 million in enterprise value, as corporates raced to scale product solutions amid large infrastructure and data centre pipelines.
This report was produced by Clairfield partner in the UK and industrials sector head Tom McCarthy and the building products’ team of experts, Wim Goossens in Belgium, Edoardo Schiavina in Italy, and Rob Speek in the Netherlands.
Read the full report here.
