SigmaRoc, a building material company, agreed to acquire the European lime operations of CRH, a provider of building materials solutions, for $1.1bn. "The decision to divest at an attractive valuation follows a comprehensive review of the Business and demonstrates CRH’s active approach to portfolio management. The proceeds from the divestment will provide us with significant additional capital allocation opportunities to deliver further growth and value creation for our shareholders," Albert Manifold, CRH CEO. On March 27, SigmaRoc completed the acquisition of CRH's UK Lime operations.