Industrials

QXO to Acquire TopBuild for $17B in Landmark Building Products Deal

QXO announced on 19 April 2026 a definitive agreement to acquire TopBuild Corp. for approximately $17 billion — the largest building products distribution deal in decades. At $505 per share (a 23.1% premium), the consideration is 45% cash and 55% QXO stock. The deal creates the second-largest publicly traded building products distributor in North America with over $18 billion in combined revenue.