Terms and conditions relating to the use and distribution of this information may apply. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. The price being paid includes a cash consideration. This information is provided by RNS, the news service of the London Stock Exchange. Building materials giant CRH is selling its building-envelope business for an enterprise value of 3.8bn (3.4bn) to KPS Capital Partners. Registered Office: 42 Fitzwilliam Square, Dublin 2, R02 R279, Ireland For more information visit Registered Office: No 12965. CRH's American Depositary Shares are listed on the NYSE. A Fortune 500 company, CRH is a constituent member of the FTSE 100 Index, the EURO STOXX 50 Index, the ISEQ 20 and the Dow Jones Sustainability Index (DJSI) Europe. CRH manufactures and supplies a range of integrated building materials, products and innovative solutions which can be found throughout the built environment, from major public infrastructure projects to commercial buildings and residential structures. It is the largest building materials business in North America and Europe and also has regional positions in Asia. CRH is pleased to announce that the transaction is now complete.ĬRH (LSE:CRH)(ISE:CRG)(NYSE:CRH) is the leading building materials business in the world, employing c.71,000 people at c.3,200 operating locations in 28 countries. On 28 February 2022, CRH plc announced that it had reached agreement to divest of its Building Envelope business for an enterprise value of $3.8 billion. Company Description Oldcastle BuildingEnvelope, a CRH company, is the leading supplier of products specified to close the building envelope. DUBLIN, IRELAND / ACCESSWIRE / / CRH announces completion of Building Envelope divestment
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