CRH investment spend tops £455m in 2010

Published:  05 January, 2011

DUBLIN: Building products and distribution giant, company CRH spent £312m on 17 separate investments and acquisitions in the second half of 2010, the company said this morning in an update.

This brings the companies total acquisition and investment for the year to approximately £455m with over half in Europe.

Myles Lee, CRH chief executive, said the company had substantially enhancing its presence in the attractive German distribution market as well as its US and other European markets.

Some £71m of the European investment in the second half of the year was in the company's European materials division, adding incremental annualised sales of £69m to the division. The Europe products and distribution division spent £128m, generating an estimated £382m in combined incremental annualised sales.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.