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News CRH acquires Adbri in US$1.4bn deal

CRH acquires Adbri in US$1.4bn deal

Written by Global Cement staff 13 June 2024
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Australia: CRH has won approval from Adbri shareholders to acquire 57% of the company for close to US$1.4bn. The deal was the result of a unanimous vote in favour on 12 June 2024.

Adbri’s lead independent director and chair of its independent board committee Samantha Hogg said “A combined CRH and Adbri will bring growth opportunities, new talent and innovation to continue to strengthen Adbri’s product offering in Australia.”

Last modified on 19 June 2024
Published in Global Cement News
Tagged under
  • Australia
  • Ireland
  • CRH
  • Adbri
  • Acquisition
  • Deal
  • shareholders
  • GCW664
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