Building materials giant set to spend €600m this year

CRH’s spending activity in 2013 is likely to broadly mirror the last two years; each of which saw the group shell out about €600m on acquisitions and investments.

Outgoing chief executive Myles Lee said the building materials giant’s investment pipeline was “good at the moment, in terms of opportunities”.

Last year saw CRH spend €630m on acquisitions and investments; roughly €30m more than it did in 2011.