CRH Announces $2.1B Acquisition of Eco Material Technologies

Summary

On July 29, 2025, CRH announced its agreement to acquire Eco Material Technologies for $2.1 billion, positioning itself as a leading cementitious player in North America. The acquisition, subject to regulatory approval and customary closing conditions, is expected to close in 2025. This strategic move aims to secure a long-term supply of critical materials and strengthen CRH's market position. The transaction will be funded with cash on hand, and CRH does not anticipate any change in its credit ratings.