CRH expansion continues

IRISH-OWNED global building materials company CRH's voracious appetite for acquisitions is costing the company more that €60 million a month as it expands across the globe.

Since January CRH has spent close to €700m on acquisitions, an investment which would have bought fellow ISEQ members like Glanbia, FBD or Jurys Doyle outright. Only Kerry Group has been a match on the mergers and acquisitions trail since January with the food ingredients company lashing out €623m to May.

CRH's reach now spreads to 24 countries and the spending spree since January involves over €700m invested in 23 companies.