CRH acquires 49% of Portuguese cement company

Building materials group CRH has bought of a 49% stake in Secil, a Portuguese manufacturer of cement and ready-mixed concrete for €333m, with goodwill of €45m.

Thu, 03 Jun, 2004 - 14:44

Building materials group CRH has bought of a 49% stake in Secil, a Portuguese manufacturer of cement and ready-mixed concrete for €333m, with goodwill of €45m.

The investment is based on an agreed enterprise value of €900m for 100% of Secil.

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