Construction BUSINESS

CRH Receives Regulatory Approval For $3.5 Billion Acquisition

 Breaking News
  • Komatsu WA100M Loader Hits Ireland Komatsu’s latest version of the WA100M Dash 8 compact wheel loader has gone on sale in Ireland. Described by distributor McHale Plant Sales director, John O’Brien as “one of the most reliable and versatile machines out there,” the WA100M is being pitched at construction, farm contractors, bulk materials and waste processors. The 94hp EU Stage IV unit [...]...
  • Planning Approval For North South Interconnector EirGrid has welcomed the decision by the Supreme Court to uphold planning approval for the southern section of the North South Interconnector. Planning approval for the project was granted by An Bord Pleanála in December 2016. This was subsequently made the subject of judicial review proceedings in the High Court. The proceedings were dismissed by the High [...]...
  • McAleer & Rushe Commences Construction on London Development Northern Ireland-based developer and contractor McAleer & Rushe has announced that construction is to commence on a new 620 room hotel and hybrid aparthotel development in Paddington, London with a contract value worth c.£82 million. Led by developer Concierge 3, a consortium of BSW Land & Property, Staycity and The Pickstock Group, the scheme is the final stage of the [...]...
  • ESB and Coillte in Discussions to Deliver Renewable Energy Projects ESB is engaged in bilateral discussions with Coillte which, if successful, would lead to the establishment of a new joint venture development company to deliver 1,000 MW of renewable energy by 2030. It is proposed that a new joint venture will build on a successful track record of the two companies working together at Raheenleagh [...]...
  • Housing Construction Activity in Fingal Rose in 2018 With 2,140 Homes Completed Fingal County Council has welcomed the latest figures from the Central Statistics Office which show that 2,140 homes were completed in the county over the past year, accounting for almost 12% of the national total. Latest data from the CSO shows that the Dublin 15 had the highest level of activity in the country with 800 [...]...

CRH Receives Regulatory Approval For $3.5 Billion Acquisition

CRH Receives Regulatory Approval For $3.5 Billion Acquisition
June 18
09:04 2018

CRH plc has received regulatory approval for its proposed $3.5 billion acquisition of Ash Grove Cement Company, from the US Federal Trade Commission. 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.

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

  • No upcoming events
AEC v1.0.4

New Subscriber

Subscribe Here



Advertisements