27th Mar 2024 09:21
(Alliance News) - Dublin-based building materials company CRH PLC has completed phase two of its lime operations divestment in Europe, including those in the UK, the firm said on Wednesday.
The divestment is being completed in three phases. On November 22, the group had announced that it reached a deal to divest its lime operations in Europe for a total consideration of around USD1.1 billion.
This consists of 16 operating locations across Ireland, the UK, Germany, Czech Republic, and Poland that had brought in sales of nearly USD610 million with earnings before interest, taxes, depreciation & amortisation of about USD137 million in 2022.
CRH shares were 0.5% higher at 6,934.24 pence each on Wednesday morning in London.
source: dpa
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