11th Mar 2026 10:32
(Alliance News) - The UK Competition & Markets Authority on Wednesday announced that it will not refer a planned acquisition by CRH UK Ltd of Northern-Ireland based quarry business Gibson Bros Ltd to a phase two investigation.
The competition watchdog had launched an investigation in February to assess whether the deal could harm competition in the UK building materials market.
At the time, the CMA had said it would determine by April 7 whether the transaction required a deeper phase-two probe.
The acquisition involves Dublin-based building materials firm CRH PLC purchasing Gibson Bros through its subsidiary CRH UK Ltd.
The deal had already received approval from Ireland's Competition & Consumer Protection Commission in December.
CRH shares were 0.8% lower at 7,900.00 pence each on Wednesday morning in London.
By Tom Budszus, Alliance News slot editor
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