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Bumper year for CRH with €256m US deals

IRISH building materials group CRH has said it has stacked up almost €630m on acquisition and investment moves during 2012. The multinational company has pressed ahead with investment and completed 12 deals worth a total of €256m in its American division during the second half of the year.

This included a majority stake in New Jersey's Trap Rock Industries and seven concrete paving facilities in Canada and Florida. Its Europe division completed six transactions worth €119m in the second half of the year. Among the deals was the purchase of a concrete products manufacturer in Finland and a business in the BUILDINGIsle of Man. An investment in a precast concrete plant was also made in China.