CRH plc
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| Public limited company | |
| Traded as | : CRG, : , : CRH |
| Industry | Building materials |
| Founded | Irish Cement Limited (1936), Roadstone Limited (1949) & merger (1970) |
| Headquarters | Dublin, Ireland |
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Key people
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Nicky Hartery, (Chairman) Albert Manifold, (CEO) |
| Products | Cement, aggregates, readymixed concrete, asphalt/bitumen and agricultural and/or chemical lime |
| Revenue | €27,104 million (2016) |
| €2,082 million (2016) | |
| €1,270 million (2016) | |
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Number of employees
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87,000 (2017) |
| Website | www.crh.ie |
CRH plc 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. The company is incorporated and domiciled in Ireland where it ranks as the largest Irish company.
CRH has a primary listing on the and is a constituent of the FTSE 100 Index. It has secondary listings on the (where it is a constituent of the ISEQ 20) and .
The company, whose name is an abbreviation of Cement Roadstone Holdings, was formed through the merger in 1970 of Cement Ltd (established in 1936) and Roadstone Ltd (established in 1949). According to Jonathan Guthrie of the Financial Times, it is pronounced “Cee Orr Haitch.” The company went public on the in 1973.
CRH's first international purchase was Van Neerbos, a concrete products producer and distributor in the Netherlands. Other acquisitions in Europe followed throughout the 1970s and 1980s including businesses in the United Kingdom, Spain, the Netherlands and Germany. CRH entered the United States in 1978 by buying Amcor, a concrete products group in Utah which would then form the basis of the company's U.S. division, which is now called Oldcastle Inc.. Subsequent large purchases in the US included Callanan Industries, a New York State based aggregates and asphalt producer in 1985. In 1987, CRH was listed on London's FTSE 100 index.
In the 1990s the company moved into France with a number of buys including Raboni SA, a builders merchant company and drainage systems and concrete vault manufacturing group Prefaest SA.
In 1995, CRH made its first entry into new or emerging markets when it bought Holding Cement Polski, which later gained majority control of Cementownia Ozarow, one of the Poland's major cement producers. That acquisition also marked the first CRH cement manufacturing operation outside Ireland. By the end of the decade, CRH numbered more than a dozen operations in Poland and it has since invested in cement production in neighbouring Ukraine, most recently with the announcement of an agreement to buy Mykolaiv Cement from rival Lafarge. In 1999 CRH bought Finnsementti Oy, Finland's only cement producer, and Lohja Rudus Oy, Finland's country's top producer of aggregates and ready-mix concrete.
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Wikipedia