CRH linked to purchase of Suwannee American Cement

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US: Ireland’s CRH is close to agreeing a purchase of Suwannee American Cement from Votorantim Cimentos and Anderson Columbia. The deal is valued at US$750m, according to sources quoted by Bloomberg. However, this is an extremely high value for a single cement plant sale in the US. Suwannee American Cement operates a 1Mt/yr plant at Branford in Florida.

Last modified on 04 October 2017

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