QXO Closes TopBuild Deal to Cement Building Products Scale
The takeover gives QXO a commanding position across distribution and installation as it chases margin expansion, procurement leverage, and exposure to nonresidential demand.
Historical performance in the Distribution category.
Source: Acquire.fyi, Jan 1, 2025 - Jul 21, 2026.
Largest mergers and acquisitions by disclosed deal value.
| Acquirer | Target | Type | Value | Headline |
|---|---|---|---|---|
| QXO | TopBuild | Acquisition | $16.8B | QXO to acquire TopBuild in $16,843.0M deal |
| Cencora | Covetrus | Merger | $3.5B | Cencora to merge with Covetrus in $3,500.0M cash, preferred equity, and common equity deal |
| Coca-Cola HBC AG | Coca-Cola Beverages Africa Pty. Ltd. | Acquisition | $3.4B | Coca-Cola HBC AG to acquire Coca-Cola Beverages Africa Pty. Ltd. in $3,400.0M cash deal |
| VSE Corporation | Precision Aviation Group, Inc. | Acquisition | $2B | VSE Closes $2 Billion Precision Aviation Group Deal |
| Gibraltar Industries, Inc. | OmniMax International | Acquisition | $1.3B | Gibraltar Industries, Inc. acquires OmniMax International in $1,335.0M cash deal |
| Transcat, Inc. | SCM Metrology and Laboratories S.A. | Acquisition | $13M | Transcat, Inc. acquires SCM Metrology and Laboratories S.A. in $13.0M cash deal |
| Nabis | Humble Cannabis Solutions | Asset Acquisition | $13M | Nabis acquires Humble Cannabis Solutions in $13.0M cash deal |
| Imperial Dade Canada | Enterprise Paper Holdings, Ltd. | Acquisition | Undisclosed | Imperial Dade Canada to acquire Enterprise Paper Holdings, Ltd. |
| Molson Coors Beverage Company | Atomic Brands Inc. | Acquisition | Undisclosed | Molson Coors Beverage Company acquires Atomic Brands Inc. |
| Molson Coors Beverage Company | Atomic Brands, Inc. | Acquisition | Undisclosed | Molson Coors Beverage Company to acquire Atomic Brands, Inc. |
Page 1 of latest articles and deal coverage.
The takeover gives QXO a commanding position across distribution and installation as it chases margin expansion, procurement leverage, and exposure to nonresidential demand.
The near-final approval hands QXO a national insulation platform and accelerates its push to aggregate building products distribution at scale.
The election deadline sharpens focus on how investors value QXO stock versus cash as the buyer pushes deeper into building products distribution and installation.
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