CRH to seek further acquisitions

CRH has said that it will continue to pursue acquisitions, having already spent €200 million on bolt-on buys and investments during the first half of the year, and agreeing another deal worth nearly €100m.

Yesterday’s capital spend update from the Dublin-headquartered international building materials giant revealed that the group has reached agreement to buy the privately owned Belgian VVM Group for nearly €100m, taking CRH’s spending to nearly €300m for the year to date.

VVM operates cement grinding and ready-mixed concrete plants in Belgium and France.