Construction BUSINESS

CRH Completes $3.5 Billion Ash Grove Acquisition

 Breaking News
  • Brooks to Reduce Energy Bills by €90,000 by Switching on to Smarter Lighting Brooks, one of Ireland’s longest established timber distributors and builders merchants, will reduce their lighting costs by over €91,000 per annum by switching to energy efficient LED lighting. This will be a nearly 70% reduction in energy costs. eLight, the LED lighting experts, installed over 1400 new lighting products in Brooks 7 stores nationwide. These [...]...
  • BAM Wins €25 Million Contract to Build New Cheese Factory in Cork TINE Ireland, a subsidiary of the Norwegian dairy co-operative TINE, has awarded the construction of a new Jarlsberg® cheese production facility and administration building at Mogeely, County Cork, to BAM Ireland. The contract value is more than €25 million. TINE is Norway’s largest producer, distributor and exporter of dairy products with 11,400 members (owners) and [...]...
  • McAleer & Rushe Transforming Edinburgh’s Old Town The new UK Government hub planned for New Waverley in the heart of Edinburgh’s Old Town, which is being constructed by Northern Ireland-based design and build company McAleer & Rushe, has reached a significant milestone with the official ‘Topping Out’ of the office scheme. The project which is transforming a UNESCO Heritage site, in one [...]...
  • PREM Group to Invest Over €1.6 Million in Hotel Refurbishment International hotel management company PREM Group has secured the purchase of the well-known Aspect Hotel in Kilkenny. The Irish owned hotel management and hospitality group has strengthened its growing property portfolio by acquiring the property which it has been leasing and running since it opened in 2006. The 80-bedroom hotel is located just five minutes’ [...]...
  • Home For Life is a New Participant in the Mortgage to Rent Scheme The Government has welcomed Home For Life Ltd as a new participant in the Mortgage to Rent [MTR] scheme, where they will work in tandem with local authorities as landlords providing a long term solution for those in mortgage distress. The announcement coincides with the launch by the Department of Housing Planning and Local Government [...]...

CRH Completes $3.5 Billion Ash Grove Acquisition

CRH Completes $3.5 Billion Ash Grove Acquisition
June 26
11:54 2018

CRH has completed the acquisition of Ash Grove Cement Company for a total consideration of US$3.5 billion. Ashe Grove is a leading US cement manufacturer headquartered in Overland Park, Kansas. Ash Grove operates eight cement plants across eight US states, combined with extensive ready mixed concrete, aggregates and associated logistics assets across the US midwest. For the year ended 31 December 2016, Ash Grove reported profit before tax of $215 million and gross assets of $2.5 billion.

The deal was announced last September and received approval from the U.S. Federal Trade Commission earlier in June 2018.

About Author

admin

admin

Related Articles


Constrcution Summit

PROMO – Construction Summit 2016 – Sustaining the Momentum

Lean Construction Ireland – Enhancing Ireland’s Competitive Advantage

The Magazine – Construction Business

The Magazine – Construction Summit 2016

The Magazine – Construction Summit

Upcoming Events

  • July 15, 2018Franborough International Airshow
  • September 8, 2018Bauen Kaufen Wohnen
  • September 18, 2018For Arch 2018
  • September 27, 2018Marmomacc Verona
AEC v1.0.4

New Subscriber





Subscribe Here



Advertisements