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News CRH completes Odessa acquisition

CRH completes Odessa acquisition

Written by Global Cement staff 11 January 2012
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Ireland/Ukraine: Europe Materials, a division of the Irish holding company Cement Roadstone Holdings (CRH,), completed the acquisition of 51% of the shares of LLC Cement in Odessa in southern Ukraine on 5 January 2012.

CRH intends to use the plant, which can produce up to 0.5Mt/yr of cement, for grinding clinker produced at Podilsky Cement in the east of the country.

The purchase follows clearance in December 2011 by Ukraine's Antimonopoly Committee (AMKU) to allow CRH to purchase the company.

Last modified on 13 January 2012
Published in Global Cement News
Tagged under
  • Ukraine
  • CRH
  • Acquisition
  • GCW31

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