CRH plc
CRH plc is a building materials company headquartered in Dublin, Ireland, formed in 1970, with a primary listing on the New York Stock Exchange.
Contents15 sections
Key facts
1930s–1970Roadstone and the Irish Cement Merger
Brothers Tom and Donal Roche started a sand and gravel haulage business in Dublin in the early 1930s and floated a new company, Roadstone, on the Irish Stock Exchange in 1949. In 1970 Roadstone merged with Irish Cement, formerly a state body, to form Cement-Roadstone Holdings, now CRH plc.[1]
1973–2006Expansion into Mainland Europe and the United States
CRH entered mainland Europe in 1973 by acquiring Van Neerbos in the Netherlands and entered the United States in 1978 by acquiring Amcor, a Utah concrete products company. Further U.S. deals followed, including Callanan Industries in 1985, and in 2006 CRH acquired Ashland Paving and Construction (APAC) for $1.1 billion net of disposals, then its largest deal.[2]
2001–2016Stake in Mashav
In 2001 CRH acquired a 25% stake in Israel’s Mashav, parent of Nesher Israel Cement Enterprises, for $141 million. The BDS movement pressed CRH to sell because Nesher cement was used to build the West Bank separation barrier. After selling the stake in January 2016, CRH denied a political motive, describing the sale as part of its “multi-year streamlining plan.”[3]
August 3, 2015Lafarge and Holcim Assets
On February 2, 2015, CRH agreed to acquire a portfolio of Lafarge and Holcim assets for a total enterprise value of €6.5 billion, comprising over 685 locations in 11 countries, including the largest cement producer in Central Canada. On August 3 CRH announced completion, except for the Philippines, which was expected to close in the third quarter of 2015.[4]
June 21, 2018Ash Grove Cement
After the U.S. Federal Trade Commission issued its consent order on June 15, 2018, CRH announced on June 21 that it had closed the acquisition of Ash Grove Cement, a U.S. cement manufacturer headquartered in Overland Park, Kansas, for a total consideration of $3.5 billion.[5]
September 25, 2023Primary Listing Moves to the NYSE
On September 25, 2023, CRH’s primary listing moved to the New York Stock Exchange. Its London Stock Exchange listing was transferred from a premium to a standard listing, and its secondary listing on Euronext Dublin was cancelled.[6]
North America then accounted for about 75% of the group’s earnings. CRH shares rose 3.28% on their first day of trading in New York to close at $56.37; trading in Dublin had already ended, closing an association with that exchange going back 87 years.[7]
February 12, 2024Texas Cement and Concrete Assets
In February 2024 CRH completed the $2.1 billion purchase of Texas assets from Martin Marietta MaterialsMartin Marietta MaterialsMartin Marietta Materials, Inc. is an American supplier of aggregates and building materials with a Specialties business making magnesia-based products and dolomitic lime. It is headquartered in Raleigh, North Carolina, and listed on the New York Stock Exchange.Open the full entry, including a 2.1-megaton cement plant between San Antonio and Austin, 20 ready-mixed concrete plants and a network of terminals along the eastern Gulf of Texas. The deal had been announced in November 2023.[8]
July 1, 2024Majority Stake in Adbri
On July 1, 2024, CRH announced the completion of the scheme of arrangement for the Australian building materials company Adbri, under which it acquired the remaining 57% of Adbri’s ordinary shares not owned by the Barro Group.[9]
September 24, 2024CEO Succession
On September 24, 2024, CRH announced that Chief Executive Officer Albert Manifold would retire at the end of the year, stepping down from the board and his executive responsibilities on December 31, and would be succeeded by Chief Financial Officer Jim Mintern. Manifold joined CRH in 1998 and became CEO in January 2014. Mintern, a director since June 2021, had 22 years with CRH.[10]
October 2025Eco Material Technologies
CRH announced on July 29, 2025, an agreement to acquire Eco Material Technologies, a North American supplier of supplementary cementitious materials, for $2.1 billion, and completed the acquisition in October 2025.[11]
December 5, 2025S&P 500 Inclusion Announced
On December 5, 2025, S&P Dow Jones IndicesS&P Dow Jones IndicesS&P Dow Jones Indices (S&P DJI) is a global index provider that compiles and licenses benchmark indices including the S&P 500 and the Dow Jones Industrial Average. It was formed in 2012 by combining McGraw-Hill’s S&P index business with the Dow Jones Indexes business held by a joint venture of CME Group and Dow Jones, and it is now the index business division of S&P Global, which holds about 73% of the interest.Open the full entry announced that CRH would join the S&P 500S&P 500The S&P 500 is a U.S. large-cap equity index compiled by S&P Dow Jones Indices. It includes 500 leading companies, covers about 80% of available market capitalization and is described by S&P DJI as “widely regarded as the best single gauge of large-cap U.S. equities.”Open the full entry effective prior to the open of trading on December 22, in the Materials sector.[12]
2025Business and Full-Year Results
CRH has three segments: Americas Materials Solutions, Americas Building Solutions and International Solutions. In 2025 it employed 83,032 people at 3,961 locations in 28 countries and generated total revenues of $37.4 billion and net income of $3.8 billion.[13]
June 22, 2026Agreement to Acquire Arcosa
On June 22, 2026, CRH agreed to acquire Dallas-based infrastructure materials provider Arcosa for $150 per share in cash, a total enterprise value of about $8.5 billion, with closing expected in the first quarter of 2027. CEO Jim Mintern said it “reinforces our position as the #1 infrastructure player in North America.”[14]
July 30, 2026Second-Quarter 2026 Results
In the second quarter of 2026 CRH had total revenues of $10.8 billion (Q2 2025: $10.2 billion) and net income of $1.5 billion (Q2 2025: $1.3 billion), and reaffirmed its 2026 net income guidance of $3.9 billion to $4.1 billion. The Arcosa acquisition remained subject to stockholder and regulatory approvals.[15]
Sources
- Our History | Roadstone (opens in a new window)
- CRH - Our History (opens in a new window)
- CRH denies BDS motive in selling Israeli co stake (opens in a new window)
- CRH plc announces completion of Lafarge-Holcim transaction (opens in a new window)
- CRH announces completion of Ash Grove acquisition (opens in a new window)
- CONFIRMATION OF PRIMARY LISTING ON THE NEW YORK STOCK EXCHANGE (opens in a new window)
- CRH shares jump over 3% in New York debut (opens in a new window)
- CRH completes $2.1bn deal for Texas cement and concrete plants (opens in a new window)
- CRH Completes Acquisition of Majority Stake in Adbri (opens in a new window)
- CRH Announces CEO Succession (opens in a new window)
- CRH completes Eco Material Technologies acquisition (opens in a new window)
- CRH, Carvana and Comfort Systems USA Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 (opens in a new window)
- CRH public limited company Form 10-K 2025 (opens in a new window)
- CRH to Acquire Arcosa; Leading U.S. Provider of Aggregates and Critical Infrastructure Products for $8.5B (opens in a new window)
- CRH Reports Second Quarter 2026 Results (opens in a new window)