Group plans acquisitions to build on material success of last year’s deals

CRH has said it has several investment and acquisition deals in the pipeline, but has declined to say if its overall spend for 2012 will eclipse last year’s €600m outlay.

As well as continuing to look at growing its presence in China and India, the building materials giant is likely to strengthen its foothold in its core markets of mainland Europe and the US.

CEO Myles Lee said yesterday: “We can’t project how much we’ll spend for the full year, but we are continuing to see opportunities arising and we have a balance sheet which can support further acquisition spending.”