Announced

CRH to acquire Eco Material for $2.1bn.

Synopsis

CRH, a provider of building materials solutions, agreed to acquire Eco Material, a supplier of supplementary cementitious materials in North America, for $2.1bn. "This strategic acquisition further positions CRH as a leading cementitious player in North America with both cement and SCM capabilities. This transaction demonstrates CRH's disciplined approach to capital allocation, building market-leading positions in higher-growth markets with secular tailwinds and superior returns," Jim Mintern, CRH CEO.

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