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CRH considers €676m sale of US distribution unit

CRH could be considering the sale of a US unit for as much as $1bn (€676m), reports said yesterday. 
 The Irish Independent reported that CRH is considering the sale of Allied Building Products w...
News - 30 October 2009

My Home to expand cement capacity, India

Home Industries (MHIL), a 50:50 joint venture with CRH plc of Ireland, is planning to increase its cement production capacity to 10Mt in the next three to four years from 4.7Mt, as part of its exp...
News - 13 October 2009

Execs defect from CRH to join former US boss

Ireland’s biggest listed company CRH has lost a number of top executives, who have left to join rival firm Summit Materials. Summit was set up by former CRH board member Tom Hill, who was widely ...
News - 14 September 2009

Blackstone joint building materials venture

Private equity firm Blackstone Group and other backers are investing up to US$780m in a newly formed company created to acquire building materials businesses, the investors said on Tuesday. The n...
News - 09 September 2009

CRH first half turnover down, cautious on recovery hopes

With CRH’s first half turnover down by 14.6 per cent to €8292m, the company is taking a more cautious approach to its outlook.

EBITDA declined by 41 per cent to €651m, the trading falling by 66.2...
News - 28 August 2009

CRH sees 82 per cent profits slump

The ISEQ’s biggest company CRH has announced an 82 per cent slump in before-tax profits to €108m (compared to €606m last year) for the first six months of the year. Earnings per share fell 84 per ...
News - 25 August 2009

Recent orders for ABB

ABB Switzerland Ltd announced that it has won an order from international building materials group CRH to deliver electrical and automation equipment for Podilsky Cement’s new production line no 7...
News - 19 August 2009

HeidelbergCement Seeks Buyers for Hanson U.K. Units

Cement group eyes concrete offers for Hanson businesses German company HeidelbergCement looks to consolidate by offloading its non-core parts Parts of Hanson, the UK construction supplier, could ...
News - 11 August 2009

Morgan Stanley, wary on stimulus impact, cuts CRH

Morgan Stanley on Wednesday cut its rating on Irish building-materials company CRH Plc to underweight from equal-weight, citing a worsening in the company’s cyclical end markets. The broker also...
News - 06 August 2009

CRH offers to buy back $100m of bond debt

CRH Plc is offering to buy back as much as US$100m (€70m) of 6.4pc bonds due 2033 issued by subsidiary CRH America Inc. Holders of the bond will receive 88pc to 95pc of the notes’ principal amoun...
News - 27 July 2009