Crh Stock News

CRH press release (CRH): FY GAAP EPS of $3.29.Revenue of $31B (+12.3% Y/Y)."We expect the underlying demand and pricing backdrop to remain favourable in 2022 albeit against…

DUBLIN (Reuters) – Ireland’s CRH, the world’s second-biggest building materials supplier, has become the latest major company to withdraw from the Russian market.

Building materials group CRH is one of Ireland''s largest companies.

Building materials giant to exit joint venture in St Petersburg owned by CRH’s Finnish unit

CRH (NYSE:CRH) is scheduled to announce FY earnings results on Thursday, March 3rd, before market open.The consensus EPS Estimate is $3.02 (+112.7% Y/Y) and the consensus Revenue Estimate…

CRH (CRH) has entered into a binding agreement to divest Oldcastle BuildingEnvelope ((OBE)), its Building Envelope business to KPS Capital Partners, LP for an enterprise value of…

Building materials giant CRH has entered into an agreement to sell its Building Envelope business for an enterprise value of $3.8bn (€3.4bn).

(Reuters) – Irish building materials firm CRH Plc said on Monday it was in talks regarding a potential sale of Building Envelope, its U.S.-based unit that manufactures products for glass buildings.

North American Leader in Architectural Hardware, Glass and Glazing Systems NEW YORK , Feb. 28, 2022 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire Oldcastle BuildingEnvelope Inc. ("OBE" or the "Company") from CRH plc (LSE: CRH) for approximately $3.45 billion in cash. Completion of the transaction is expected in mid-2022 and is subject to customary closing conditions and approvals. OBE is North America''s leading vertically-integrated manufacturer, fabricator and distributor of architectural hardware, glass and glazing systems. Headquartered in Dallas, Texas , OBE is a world-class building products company with significant presence in every major metropolitan statistical area in the United States and Canada. The Company manufactures high-performance architectural glass products and aluminum framing systems and, through its subsidiary C.R. Laurence, distributes complementary branded hardware and glazing supplies.

Group says decision to sell at ‘attractive valuation’ in line with approach to portfolio management

Bloomberg reports that CRH is close to selling unit to private equity firm KPS Capital Partners

CRH Plc, one of the world’s biggest building materials companies, is nearing a deal to sell its Oldcastle Building Envelope unit to buyout firm KPS Capital Partners for about $3.8 billion, people with knowledge of the matter said.

L1 Capital, an investment management firm, published its ‘L1 Capital International Fund’ fourth quarter 2021 investor letter – a copy of which can be downloaded here.

Upbeat housing demand and federal infrastructure spending are likely to benefit the Zacks Building Products - Concrete & Aggregates industry. Let's see whether MLM or VMC is a better buy at the moment