CRH - August 2013
CRH's Indian joint venture My Home Industries is acquiring Sree Jayajothi Cements Ltd in Andhra Pradesh (southern India) with a 3.2Mta cement capacity for an enterprise value of €175m. CRH's equity interest will amount to around €35m. This deal will make My Home Industries, which currently has a capacity of 4.8Mta, market leader in Andhra Pradesh.
