M&A Deal Summary

CRH Acquires Adbri

On December 17, 2023, CRH acquired building materials company Adbri for 2.1B AUD

Acquisition Highlights
  • This is CRH’s 17th transaction in the Building Materials sector.
  • This is CRH’s 2nd largest (disclosed) transaction.
  • This is CRH’s 1st transaction in Australia.

M&A Deal Summary

Date 2023-12-17
Target Adbri
Sector Building Materials
Buyer(s) CRH
Deal Type Add-on Acquisition
Deal Value 2.1B AUD

Target

Adbri

Sydney, Australia
Adbri is a manufacturer of cement, lime, ready-mixed concrete, and concrete masonry products. The company offers its products to residential and non-residential construction, engineering construction, industrial manufacturing, and mining markets. Adbri was founded in 1882 and is based in Adelaide, Australia.

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Buyer(S) 1

Buyer

CRH

Dublin, Ireland

Category Company
Founded 1936
Sector Building Materials
Employees78,500
Revenue 34.9B USD (2023)
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 26 of 30
Sector (Building Materials) 17 of 20
Type (Add-on Acquisition) 19 of 23
Country (Australia) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-03 Barrette Outdoor Living

Middleburg Hts, Ohio, United States

Barrette Outdoor Living empowers homeowners to bring their personal outdoor space to life by providing fencing, railing, decking, and complimentary outdoor products that beckon people to embrace their Outside SideTM. Barrette Outdoor Living is proud to be an American manufacturer, with 14 locations throughout North America that provide outdoor products sold through specialty retailers, home centers, and lumberyards. Featuring more than 70 patents, proprietary state-of-the-art machinery, and rigorous testing and control standards, Barrette Outdoor Living products are meticulously engineered, and designed for flexibility and ease of installation. Barrette Outdoor Living is based in Middleburg Hts, Ohio.

Buy $1.9B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-05 Northgate Ready Mix

Windsor, California, United States

Northgate Ready Mix provides ready-mixed concrete, based in Windsor, California.

Buy -