CRH invested €536m last year

CRH spent €536 million on acquisitions and developmental initiatives last year — which, while down on the multi-billion euro levels seen in previous years — was comfortably ahead of 2009’s €450m outlay.

Last year’s spend covered 14 transactions made during the first half of the year and was boosted by 17 development initiatives — totalling €367m — undertaken during the second half.

In all, the full-year spend covered 28 bolt-on acquisitions and saw the Dublin-headquartered building materials giant increasing its presence in the US and central Europe (Germany and Switzerland, in particular).