Tightening belts at CRH
The Irish building materials company CRH Plc plans to make €300m in savings between 2013-15 by focussing on reducing energy costs, rationalising capacity and continuing its acquisitions programme.
With over 700 acquisitions to-date, growth through vertical integration has become synonymous with the success of Irish construction materials giant CRH Plc. Operating in 3600 locations across 36 countries, it has developed a well-balanced portfolio, thereby minimising the risk to the business of varying economic cycles. But few companies can weather the current economic storm unscathed.