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CRH announces acquisitions in Turkey and US

CRH has announced two transactions, one in Turkey and one in the US, completed for a total cash consideration, including debt assumed, of US$293m (EUR225 million).     In Turkey, CRH has acquired...
News - 16 April 2007

CRH invests €210m in its Ukraine cement plant

Building materials group CRH is to invest €210 million in a project to cut carbon emissions from its cement plant in Ukraine.  The United Nations Joint Implementation Supervisory Committee (JI...
News - 30 March 2007

British Aggregates Association launches cement market investigation

The British Aggregates Association, BAA, has brought in a specialist firm to investigate claims that the UK cement market is not operating properly. The move is in response to a the growing number...
News - 20 March 2007

Acquisition benefits help push ahead CRH’s results

CRH produced at 29.7% increase in turnover in 2006 to EUR18,737.4m.  The EBITDA rose by 25.4% to EUR2,455m and the trading profit advanced by 26.8% to EUR1,766m.  612.7m. Europe accounted for a tu...
News - 07 March 2007

EUR340m bid for Swiss builders is launched by CRH

CRH has launched a EUR340m friendly bid for Swiss building materials and distribution group Getaz Romang in a strategic move that will more than double to c. EUR 1bn the group’s turnover in tha...
News - 06 March 2007

Chinese clear cement plant purchase by CRH

CRH has been cleared by the Chinese government to complete the purchase of a cement plant in Heilongjiang province, in the northeast of that country.     Meanwhile, the Dublin-based international...
News - 12 February 2007

Germany lays foundations for revival in construction

The Continental European construction sector rose 34% in 2006 driven by positive organic growth. Despite the hindrance of high energy costs, companies generally had good pricing power and were abl...
News - 23 January 2007

FLSmidth wins contract for cement plant in Ireland

FLSmidth has signed a contract worth about EUR52m with Irish Cement Limited to supply a new 4000tpd cement clinker production line. The production line is to be built at the Platin Cement Works ne...
News - 12 January 2007

CRH expects to increase pre-tax profit by over 23% in 2006

CRH has put in another strong performance in the year just ended, the pre-tax profit rising by some 23.5% to approximately EUR1580m.  During 2006, CRH spent a net EUR 2,100m on acquisitions, in...
News - 04 January 2007

Cement takeover now looks unlikely

CRH’s protracted battle to take over Spanish cement maker Uniland appears to be doomed after a Barcelona court rejected the Irish multinational’s claims that it had rights to buy a controlling sta...
News - 01 January 2007