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Irish giant CRH to buy CPE Capital-backed concrete infrastructure biz

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Four months after CRH took control of cement maker Adelaide Brighton in a $2.1 billion takeover bid, the Irish giant – which operates in 29 countries and has 75,800 staff worldwide – is set to take another bite out of Australia’s building materials sector.

Irish giant CRH has been a major player in the wave of consolidation sweeping Australian construction and building groups. Dominic Lorrimer

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/irish-giant-crh-to-acquire-cpe-capital-backed-building-materials-biz-20241030-p5kmh1