Grove Cement

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Albert Manifold of CRH said 2018 would be a year of stabilisation at the company with the focus on integrating the newly acquired businesses and delivering on the synergies. Photograph: Gary O’Neill

Ratings agency Standard & Poor’s (S&P) has revised its outlook on CRH’s credit rating to negative saying its spending on acquisitions leaves t(...)

CRH said in August it had around €5 billion in cash to spend on mergers and acquisitions over the next 18-24 months.  Photograph: Brenda Fitzsimons

Irish cement producer CRH, the world’s third-largest building materials supplier by market value, had decided not to bid for rival PPC the South Afric(...)

CRH’s turnover in Asia dropped 9 per cent in the first nine months of the year, mainly reflecting the Philippines market, which has been flooded by cheap cement imports. Photograph: Brenda Fitzsimons

Building materials giant CRH expects to report record full-year earnings in excess of €3.2 billion after reporting 2 per cent growth in the first nine(...)

CRH chief executive Albert Manifold: “This development positions Belgard Castle at the centre of the group.” Photograph: Cyril Byrne

Building materials giant CRH is planning to build a state-of-the-art education centre for the group at its headquarters in Dublin, which is expected t(...)

CRH’s move comes less than a month after the building materials giant’s $3.5bn (€3bn) offer for Kansas-based Ash Grove Cement was accepted by shareholders in the US company

CRH has registered its interest in bidding for South Africa’s Pretoria Portland Cement (PPC), putting itself at the centre of a potential bidding war (...)

European Central Bank president Mario Draghi: left investors grappling with low incomes as a result of the €2.3 trillion stimulus programme he launched. Photograph: Armando Babani/EPA

While investors globally grappled with the hell of low incomes under European Central Bank president Mario Draghi’s €2.3 trillion stimulus programme, (...)

CRH is just one of a number of parties considering whether to bid for PPC, it is understood. Photograph: Brenda Fitzsimons

CRH is among companies considering a counterbid for PPC that could trump an offer by Canada’s Fairfax Financial Holdings, according to people familiar(...)

The New York Stock Exchange: Switch  jumped by almost half in its trading debut after raising $531m in an initial public offering, the third-biggest technology IPO this year in the US. Photograph: Michael Nagle/Bloomberg

European shares rose for the fourth consecutive week on Friday as confidence over the region’s economic recovery outweighed worries over the Catalonia(...)

CRH’s shares fell 1.83 per cent to €30.915 in Dublin on Friday following the news. Photograph: Brenda Fitzsimons

CRH faces competition in its pursuit of US business Ash Grove from Summit Materials, a rival founded by one of the Irish group’s former executives, To(...)

CRH chief executive Albert Manifold: the company is now well placed to benefit from US president Donald Trump’s infrastructure plans.   Photograph: Cyril Byrne

Shares in CRH jumped to a two-month high on Thursday after it agreed to buy the US’s fifth-largest cement company for $3.5 billion (€2.9 billion), whi(...)