.
MergerLinks Header Logo

Announced

Completed

CRH completed the acquisition of Barrette Outdoor Living from CDPQ and TorQuest Partners for $1.9bn.

Financials

Edit Data
Transaction Value£1,515m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Household Equipment and Products

fence products

railing products

United States

Acquisition

Majority

Single Bidder

Private Equity

Cross Border

Private

Completed

Synopsis

Edit

CRH, an international group of diversified building materials businesses, completed the acquisition of Barrette Outdoor Living, a manufacturer of wood-alternative fence and railing products, from private equity firms Caisse de depot et placement du Quebec and TorQuest Partners for $1.9bn. "Barrette is an excellent addition to CRH. Our Architectural Products business has been one of our fastest growing businesses in recent years and the acquisition of Barrette complements and enhances our existing offering of sustainable outdoor living solutions in North America. It also demonstrates the continued execution of our integrated solutions strategy to create further value for our customers, our business and our shareholders. We welcome the Barrette team to CRH and look forward to working with them on the next phase of our growth and development," Albert Manifold, CRH CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US