Corporate growth through successful acquisition
CRH PLC (CRH)’s development strategy is largely focused on making acquisitions of quarries, asphalt plants, concrete plants and paving businesses to further improve vertical and horizontal integration within the company’s global markets. In 2021 alone, the organization invested $1.5 billion across 20 acquisitions with intentions of creating a strong pipeline of opportunities to enhance its value creation and growth. The largest acquisition of the year was for Angel Brothers Enterprises, an asphalt paving and infrastructure solutions provider based in Texas, for more than $300.0 million.
M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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