Oldcastle parent consummates $7 billion Holcim (Canada), companion asset deal
- Published: Monday, 03 August 2015 13:55
- Written by Concrete News
Sources: CRH Plc, Dublin; CP staff
CRH has closed on a portfolio of Lafarge S.A. and Holcim Ltd. cement, concrete and aggregate production assets spanning markets in 10 countries across the Americas and Europe. At a $7.2 billion enterprise value, the transaction is among the largest to date involving publicly traded, global heavy building materials companies—trailing Cemex-Rinker and HeidelbergCement-Hanson ($15 billion–$16 billion; 2007) and Lafarge-Orascom ($12 billion, 2008).