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News CRH completes Europe Distribution divestment

CRH completes Europe Distribution divestment

Written by Global Cement staff 04 November 2019
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Ireland: CRH has concluded a deal with an unspecified party for the sale of CRH Europe Distribution for Euro1.64bn. The Financial Times reported in July 2019 that private equity funds managed by American-based Blackstone would buy the company’s European distribution division. CRH will reportedly use the proceeds of sale for future acquisitions including its own share buyback programme.

Last modified on 06 November 2019
Published in Global Cement News
Tagged under
  • Ireland
  • CRH
  • Europe
  • Distribution
  • Sale
  • GCW430

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