CRH plc completes Philippines element of Lafarge-Holcim transaction

The final stage of the CRH transaction with Lafagre-Holcin has been completed. On 2 February 2015, CRH plc announced that it had reached agreement to acquire certain assets from Lafarge S.A. and Holcim Ltd for a total Enterprise Value of €6.5 billion.

On 3 August 2015, the Group confirmed that the majority of the transaction was complete, with the exception of the operations in the Philippines.

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This latest acquisitions now more than doubles CRH’s cement production volumes and will further expand its aggregates and ready-mixed concrete portfolios.

CRH is one of the world’s leading global building materials groups employing over 90,000 people at around 4,000 locations worldwide.