M&A Deal Summary

CRH Acquires Ash Grove Cement

On September 21, 2017, CRH acquired building materials company Ash Grove Cement for 3.5B USD

Acquisition Highlights
  • This is CRH’s 15th transaction in the Building Materials sector.
  • This is CRH’s largest (disclosed) transaction.
  • This is CRH’s 8th transaction in the United States.
  • This is CRH’s 1st transaction in Kansas.

M&A Deal Summary

Date 2017-09-21
Target Ash Grove Cement
Sector Building Materials
Buyer(s) CRH
Deal Type Add-on Acquisition
Deal Value 3.5B USD
Advisor(s) J.P. Morgan Securities (Financial)
Skadden, Arps, Slate, Meagher & Flom (Legal)

Target

Ash Grove Cement

Overland Park, Kansas, United States
website
Ash Grove Cement Co. is a provider of portland and masonry cements to construct highways, bridges, commercial and industrial complexes, single- and multi-family homes, and other important structures fundamental to America's economic vitality and quality of life. Ash Grove Cement was founded in 1968 and is based in Overland Park, Kansas.

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Buyer(S) 1

Buyer

CRH

Dublin, Ireland

website


Category Company
Founded 1936
Sector Building Materials
Employees80,300
Revenue 27.6B USD (2020)
DESCRIPTION

CRH is the parent company for an international group of diversified building materials businesses which are engaged in the manufacture and supply of a wide range of building materials and in the operation of builders’ merchanting and DIY stores. CRH was incorporated in 1936 and is based in Dublin, Ireland.


DEAL STATS #
Overall 23 of 28
Sector (Building Materials) 15 of 20
Type (Add-on Acquisition) 16 of 21
State (Kansas) 1 of 1
Country (United States) 8 of 12
Year (2017) 1 of 1
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-24 Allied Building Products

East Rutherford, New Jersey, United States

Allied Building Products Corp. is a distributor of building materials for residential, commercial, and industrial customers. Allied Building Products was founded in 1950 and is based in East Rutherford, New Jersey.

Sell $2.6B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-19 Windsor Rock Products

Keizer, Oregon, United States

Windsor Rock Products is a producer of aggregate materials in the Mid-Willamette Valley. Windsor Rock Products produces and supplies over 50 different types of aggregate products that can be utilized in ready-mix concrete, hot mix asphalt, and road base applications.

Buy -