CRH's embarked on a range of new ventures in 2002 at a cost of around €1 billion, the company said today.
The building and materials group made 24 acquisitions in the second half of 2002 at a cost of €348 million. Earlier in the year, CRH acquired EHL and US Aggregates - which along with other smaller deals brings the total spend in 2002 to €1 billion.
The headline deals completed in the second half of the year included the acquisition of Swiss concrete producer HARD and Allister Quarries in Ireland for a combined total of €21.3 million.
The company also made four acquisitions in Belgium, Britain, Estonia and a buyout of an insulation joint venture in The Netherlands.
In the United States, CRH spent $262 million in a range of acquisitions to its building materials and products divisions