M&A Deal Summary

Markel Acquires Lansing Building Products

On March 16, 2020, Markel acquired building materials company Lansing Building Products

Acquisition Highlights
  • This is Markel’s 1st transaction in the Building Materials sector.
  • This is Markel’s 7th transaction in the United States.
  • This is Markel’s 2nd transaction in Virginia.

M&A Deal Summary
Date 2020-03-16
Target Lansing Building Products
Sector Building Materials
Buyer(s) Markel
Deal Type Add-on Acquisition

Target

Lansing Building Products

Richmond, Virginia, United States
Lansing Building Products is a provider of exterior building products and materials to professional contractors. Lansing Building Products was established in 1955 and is based in Richmond Virginia.

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Buyer(S) 1

Buyer

Markel

Glen Allen, Virginia, United States
Category Company
Founded 1930
Sector Insurance
Employees21,600
Revenue 15.7B USD (2023)
DESCRIPTION

Markel is a diverse financial holding company serving a variety of niche markets through underwrites specialty insurance products. Markel was founded in 1930 and is based in Glen Allen, Virginia.

DEAL STATS #
Overall 12 of 14
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 12 of 14
State (Virginia) 2 of 2
Country (United States) 7 of 9
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-08 VSC Fire & Security

Ashland, Virginia, United States

VSC Fire & Security, Inc. is a provider of comprehensive fire protection, life safety, and low voltage solutions to retailers, commercial campuses, healthcare facilities, and government properties throughout the southeast United States. VSC Fire & Security, Inc. was founded in 1958 and is based in Ashland, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-13 Metromont

Greenville, South Carolina, United States

Metromont is a precast concrete manufacturers in the construction of data centers, warehouses, multi-family residential structures, parking decks, and a variety of other commercial and industrial structures. Metromont was founded in 1925 and is based in Greenville, South Carolina.

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