CRH outlay rises to €690m

Building materials company CRH spent nearly €700 million on acquisitions and investments last year, nearly €100m more than its 2012 outlay.

The Dublin-based international cement and concrete specialist said yesterday that €220m was spent on seven acquisition and investment initiatives during the second half of the year.

On top of the €470m it spent during the first six months it brought CRH’s total 2013 spend to €690m; €90m up on its 2012 levels.