CRH spends €190m on acquisitions
The Dublin-headquartered firm also raised €350m from the divestment of 16 assets, with the sale of its 50% stake in a Turkish cement plant representing the biggest disposal over the course of the year.
“In August 2014, we announced a multi-year €1.5bn to €2bn divestment programme; the proceeds of €0.35bn generated in 2014 demonstrate that this programme is well underway,” said CEO Albert Manifold. “With a refined portfolio focus, the Group is now well-positioned to pursue acquisitions which are in line with our long-term growth strategy.
