Cement News tagged under: Ireland

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CRH announces non-executive Board appointment

23 February 2012, Published under Cement News

The Board of CRH plc is pleased to announce the co-option to the Board of Ms. Heather Ann McSharry as a non-executive Director. Ms. McSharry (50) is Chairman of the Board of Trustees of Bank of Ireland Pension Fund and is a director of Ergonomics Solutions International, IDA Ireland and the Institute of Directors. She is a former Managing Director of Reckitt Benckiser and Boots Healthcare in Ireland and was previously a director of Bank of Ireland and Enterprise Ireland. She holds a Ba...

CRH announces appointment of chairman designate

22 February 2012, Published under Cement News

The Board of CRH today appointed Mr. Nicky Hartery as Chairman Designate, to succeed the present Chairman, Mr. Kieran McGowan. Mr. McGowan, who has been Chairman since May 2007 and a Board member since 1998, will retire after the Company’s Annual General Meeting, which is scheduled for 9th May 2012. Mr. Hartery (60) who joined the Board of CRH in 2004, was Vice President of Manufacturing and Business Operations for Dell Inc.’s Europe, Middle East and Africa (EMEA) operations from 2000 to ...

CRH seeks dismissal of competition claims case

15 February 2012, Published under Cement News

CRH and Readymix asked the High Court yesterday to dismiss a claim against them for damages for breaches of competition law on the grounds that the plaintiffs have delayed too long before bringing their case. Three related companies, Framus, Amantiss and Wilbury, are taking a case against CRH and its subsidiaries, Readymix and Kilsaran, alleging that they broke a number of competition law provisions that forced the plaintiffs out of business. The plaintiffs claim that CRH, Readymix and Kil...

Cemex Espana increases offer for Readymix, Ireland

07 February 2012, Published under Cement News

The Spanish unit of Cemex has increased its takeover bid for Readymix of Ireland by 13.6 per cent from EUR0.22/share to EUR0.25/share, the target company said in a statement on Monday. Cemex, which already owns 60 per cent of the Irish business, made the “possible offer” to buy the remaining 40 per cent of Readymix shares that it does not own last month through a Spanish subsidiary. A statement yesterday added that the committee has told Cemex that it would recommend the offer to share...

Quinn declared bankrupt by Dublin court, Ireland

17 January 2012, Published under Cement News

Former Irish billionaire Sean Quinn has been made bankrupt in Dublin days after his bankruptcy in the UK was annulled by a Belfast court. Quinn’s ill-fated investment in Anglo Irish Bank just before the lender was nationalised in 2009, and the enormous debts he owes the bank, resulted in Quinn declaring himself bankrupt to a court in Belfast last November. In the UK a person declared bankrupt can discharge their debts after one year and then start a business anew but in Dublin this process ...