BY Richard Summerfield
Berkshire Hathaway has agreed to acquire US homebuilder Taylor Morrison in a deal worth $6.8bn. The deal will see Berkshire pay Taylor shareholders $72.50 a share, valuing the group’s equity at $6.8bn, a 24 percent premium to Friday’s closing price. Including debts, the enterprise value of the business totals $8.5bn.
The deal is the first takeover originated by Greg Abel, Berkshire’s new chief executive, since he took over from Warren Buffett at the start of 2026. Mr Buffet remains the company’s chairman.
The transaction is expected to close in the second half of 2026 pending shareholder and regulatory approvals. Sheryl Palmer will remain Taylor’s chief executive, with the company’s existing management team staying intact.
“Joining Berkshire Hathaway is a once-in-a-lifetime opportunity to propel Taylor Morrison into its next, and most exciting, chapter, supported by Berkshire’s unmatched capital strength and long-term investment philosophy,” said Ms Palmer. “This transaction is a testament to the value of Taylor Morrison’s talented team members, trusted brand, community-minded development approach, and diversified portfolio.
“Over the last 13 years as a public company, we built a track record of strategic growth - expanding our geographic footprint, integrating acquisitions with discipline, and deepening our competitive strengths across procurement, brand, and customer experience. Berkshire Hathaway’s long-term orientation is uniquely well-suited to the multi-year investment cycle of homebuilding, and this combination will allow us to scale the Taylor Morrison platform in ways that would not be possible as a standalone company,” she added.
“Berkshire is acquiring a best-in-class national homebuilder, led by an exceptional team and backed by a trusted reputation for customer experience,” said Mr Abel. “We are excited to welcome Taylor Morrison into Berkshire’s portfolio, reflecting our long-standing commitment to housing, exemplified by Clayton Homes and our other building products businesses. Over time, we expect to unify our site-built homebuilding operations into a combined platform enabling us to deliver the dream of homeownership to more Americans.”
The deal expands Berkshire’s considerable position in the housing market. It already owns manufactured-home giant Clayton Homes, as well as a number of building product companies and Berkshire Hathaway HomeServices, one of the largest residential real estate brokerage franchise networks in the US.
Taylor Morrison operates in 12 US states under the Taylor Morrison, Esplanade and Yardly brands, including entry-level and ‘resort lifestyle’ housing. The company generated $8.1bn in revenues in 2025.
News: Berkshire Hathaway to buy Taylor Morrison for $6.8 billion in cash to expand in housing