CRH plc Acquires Majority Stake in Adbri Ltd
July 1, 2024
CRH plc has completed a Scheme of Arrangement to acquire the remaining 57% of Adbri Ltd not owned by Barro Group, securing a majority stake in the Australian building materials group. The transaction positions CRH to expand its Australian footprint and integrate Adbri's cement, lime, concrete and masonry capabilities into its global building-products platform.
- Buyers
- CRH plc, Barro Group
- Targets
- Adbri Ltd
- Industry
- Building Products
- Location
- South Australia, Australia
- Transaction Type
- Buyout
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