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CRH could get assets of rivals

DUBLIN-headquartered building materials group CRH could be among the companies that might be interested in €5bn worth of assets that will have to be sold after rivals Holcim and Lafarge agreed to a mega-merger that will see the combined entity have annual revenues of around €29bn.

Holcim and Lafarge will have to sell assets in order to secure regulatory approval for the merger, which will create the world's biggest cement company.

CRH, which is headed by chief executive Albert Manifold (inset) and has its global headquarters on the Belgard Road in Clondalkin, is already engaged in its own disposal programme, planning to sell off assets it no longer deems integral to its business.


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