CRH, a building materials manufacturer, has acquired Eco Material Technologies for $2.1 billion to enhance its North American operations. The acquisition provides access to a nationwide network for low-carbon cement production and positions CRH at the forefront of transitioning to next-generation cement and concrete. CRH, a leading provider of building materials, has announced the acquisition of Eco Material Technologies for $2.1 billion. CRH plans to fund the acquisition using its available cash and does not anticipate any change in its credit ratings. The deal is seen as a strategic move by analysts, who believe it will significantly expand CRH's cementitious capacity and strengthen its position in the North American market.References:[1] https://www.irishtimes.com/business/2025/07/29/crh-to-buy-us-cement-substitute-provider-eco-material-for-21bn/[2] https://www.citybiz.co/article/724211/crh-to-acquire-eco-material-technologies-for-2-1b/

Source: The Irish Times July 29, 2025 21:41 UTC