CRH buys $2bn cement plants in Texas and raises profit outlook 

Third-quarter profit was up by a double-digit percentage in all but one of CRH's four divisions

Albert Manifold, group chief executive at CRH, at the New York Stock Exchange in September, when the switch from the the Euronext exchange in Dublin was completed.

CRH has announced a $2.1bn (€1.9bn) acquisition of building materials assets in the high-growth Texas market from US rival Martin Marietta Materials and upgraded its full-year core profit guidance.

CRH, the largest building materials producer in the US and Europe, said the assets comprised a 2.1 metric ton capacity cement plant, a network of terminals and 20 ready-mixed concrete plants which are expected to generate pro-forma 2023 core profit of around $170m.