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News CRH sells 45% stake in Doras for Euro37m

CRH sells 45% stake in Doras for Euro37m

Written by Global Cement staff 15 April 2015
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France: CRH has sold its stake in a French joint venture company called Doras to its partner, Samse, for just under Euro37m. Doras operates specialist and general builders merchants and is particularly prominent in the Burgundy and Franche Comté regions in eastern France. CRH has now sold its 45% stake in the company to the Samse Group, which already holds a 55% share in the firm, for Euro36.6m. The move was recently given the green light by the Competition Authority.

Published in Global Cement News
Tagged under
  • France
  • CRH
  • Doras
  • Samse
  • Acquisition
  • Joint Venture

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