CRH completes $2.1bn acquisition of materials assets in Texas

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On November 21, 2023, CRH plc announced that it had reached an agreement to acquire an attractive portfolio of cement and readymixed concrete assets in Texas, USA for a total consideration of $2.1 billion. CRH is pleased to announce that the transaction is now complete.

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Monday, February 12, 2024
Information
Tags: 
Other Construction & Property, Commercial Building & Real Estate, Urban Planning, Construction & Property, CRH plc, CRH
Geotags: 
EUROPE, IRELAND, UNITED STATES, NORTH AMERICA, TEXAS, USA
⚠ partially generated by AI ↴
Organisation: 
CRH, CRH PLC
Stock Symbol: 
NYSE:CRH
LSE:CRH
Summary
Key Points: 

On November 21, 2023, CRH plc announced that it had reached an agreement to acquire an attractive portfolio of cement and readymixed concrete assets in Texas, USA for a total consideration of $2.1 billion. CRH is pleased to announce that the transaction is now complete.


On November 21, 2023, CRH plc announced that it had reached an agreement to acquire an attractive portfolio of cement and readymixed concrete assets in Texas, USA for a total consideration of $2.1 billion. CRH is pleased to announce that the transaction is now complete.

About CRH

CRH (NYSE: CRH, LSE: CRH) is the leading provider of building materials solutions that build, connect and improve our world. Employing c.75,800 people at c.3,160 operating locations in 29 countries, CRH has market leadership positions in both North America and Europe. As the essential partner for road and critical utility infrastructure, commercial building projects and outdoor living solutions, CRH’s unique offering of materials, products and value-added services helps to deliver a more resilient and sustainable built environment. The company is ranked among sector leaders by Environmental, Social and Governance (ESG) rating agencies. A Fortune 500 company, CRH’s shares are listed on the NYSE and LSE.

Registered Office: No 12965. Registered Office: 42 Fitzwilliam Square, Dublin 2, R02 R279, Ireland

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