CRH to Acquire Eco Material Technologies for $2.1 Billion

An announcement from CRH plc ( (CRH) ) is now available.

CRH plc has announced its acquisition of Eco Material Technologies for $2.1 billion, a strategic move to strengthen its position as a leading cementitious player in North America. This acquisition secures a long-term supply of critical materials and enhances CRH’s distribution network and innovation capabilities, aligning with its goal to modernize North America’s infrastructure. The deal, expected to close in 2025, will be funded with cash on hand and is not anticipated to affect CRH’s credit ratings. Eco Material, known for its environmentally friendly cement products, will operate under CRH, expanding its offerings and scale in partnership with CRH’s industry presence.

More about CRH plc

CRH plc is a leading provider of building materials solutions, operating in 28 countries with over 3,800 locations and employing 80,000 people. The company holds market leadership positions in North America and Europe, focusing on transportation, critical infrastructure projects, complex non-residential construction, and outdoor living solutions. CRH is recognized for its commitment to environmental, social, and governance standards and is listed on the NYSE and LSE.

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