- In June 2024, ATCO Ltd's Structures division announced the acquisition of NRB Ltd, a prominent Canadian modular structures manufacturer, for USD 29.24 million. This deal, expected to be finalized by late July 2024, aligns with ATCO’s strategy to expand its manufacturing and operational capabilities, particularly in the growing modular residential sector, enhancing its position in industrial, educational, and residential modular solutions
- In August 2023, WillScot completed the acquisition of Cold Box in California and A&M Cold Storage in Ohio. This strategic acquisition solidified WillScot’s leadership in the temporary cold storage market by adding 2,200 climate-controlled containers, refrigerated storage trailers, and 1,300 modular leasing units to its portfolio, expanding its reach across the U.S. in providing diverse onsite climate-controlled solutions
- In June 2023, Modulus, a leading modular construction company, secured a USD 100 million investment from Goldman Sachs. This funding is set to fuel Modulus’s growth and innovative capabilities, highlighting the increasing demand for modular construction as a fast and cost-effective solution across various sectors, and positioning the company for expansion and more cutting-edge designs
- In October 2022, Daiwa House, Japan's largest construction company, entered into a partnership with Capital Bay to introduce modular buildings across Europe. This collaboration integrated modular structures into Capital Bay’s projects and made them available to other clients, marking a pivotal moment in the European modular construction market and showcasing Daiwa House’s global growth strategy
- In June 2022, Laing O'Rourke Delivery Ltd. played a critical role in the construction of the HS2 Interchange Station in Solihull, which became a key hub in the U.K.'s high-speed rail network. Partnering with HS2 Ltd. in a contract valued at GBP 370 million, Laing O'Rourke completed the station's intricate design in two phases, contributing to HS2's ambitious infrastructure goals
