CRH

$2.1bn acquisition of Eco Material; strong strategic fit

  • Sectors : Building Materials
  • Companies : CRH

Ratings and price correct at time of issue.

  • CRH

    Closing Price: 9854c

  • RATING 23/05/12

  • PREVIOUS RATING 12/01/12

    NEUTRAL

DAVY VIEW

The $2.1bn acquisition of Eco Material Technologies will add to CRH’s growth impetus; provides it with significant additional cementitious capacity and self-supply opportunities; and demonstrates its disciplined approach to capital deployment. We see it as a strong strategic fit for the group and expect the deal, which is anticipated to close in 2025, to be well-received.

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Jul 29 2025, 13:29 IST/BST

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