CRH spent US$496 mil. on deals in second half
ReutersDUBLIN -- Irish building materials group CRH said it spent 375 million euros (US$496 million), mostly in North America, on 18 deals in the second half of last year.
January 4, 2013, 3:03 pm TWN
That meant CRH, which moved its primary listing to London last year, agreed deals worth almost 630 million euros in 2012 against a backdrop of weak conditions in most of its main markets.
CRH said on Thursday its Americas division agreed 12 deals worth a total of 256 million euros in the second half, including the acquisition of seven concrete-paving facilities in Canada and Florida.
In Europe, the company spent 119 million euros, while an investment in a precast concrete plant was also made in China.