DUBLIN–(BUSINESS WIRE)–CRH plc, the leading provider of building materials solutions, has successfully completed its acquisition of cement and readymixed concrete assets in Texas, USA. The deal, valued at $2.1 billion, was announced on November 21, 2023. CRH, which employs approximately 75,800 people across 29 countries, is focused on building a more resilient and sustainable built environment.
The acquisition of these attractive assets in Texas further strengthens CRH’s market leadership positions in North America and Europe. The company’s unique offering of materials, products, and value-added services makes it the essential partner for road and critical utility infrastructure, commercial building projects, and outdoor living solutions.
We are pleased to announce the completion of this significant acquisition, stated Albert Manifold, Chief Executive of CRH. These assets in Texas enhance our portfolio and support our strategic objectives. CRH remains committed to delivering high-quality building materials solutions that build, connect, and improve our world.
CRH’s commitment to environmental, social, and governance (ESG) practices has earned the company recognition among sector leaders. With its shares listed on the NYSE and LSE, CRH is a Fortune 500 company.
The completion of this transaction marks another milestone for CRH as it continues to expand its global presence and deliver sustainable solutions for the built environment. CRH remains focused on providing the highest standards of service to its customers and driving innovation within the industry.
For further information, please contact CRH at +353 1 404 1000.
Contacts:
Albert Manifold, Chief Executive
Jim Mintern, Chief Financial Officer
Frank Heisterkamp, Director of Capital Markets & ESG
Tom Holmes, Head of Investor Relations
