Irish building materials giant CRH part of consortium closing on deal for Nordic firm NCC

CRH chief executive Jim Mintern and chair Richie Boucher. CRH is believed to be part of a consortium in advance talks to buy Nordic firm NCC AB. Picture: Naoise Culhane

Irish construction giant CRH is part of a consortium in advance talks to buy Nordic firm NCC AB.

CRH and Heidelberg Materials, two of the world’s biggest building materials companies, along with Bouygues SA’s Colas unit are part of the potential buyer group for NCC’s industry business, which could be valued at more than $800m in a deal, sources said. NCC and the consortium are finalising details of a transaction and an announcement could come in the coming weeks.