Wednesday April 8, 2020

CRH to carry on divesting in bid to become ‘more focused’

25th August, 2019

Building materials group CRH is to continue its divestment strategy, which has seen it agree €2 billion worth of sales so far this year.

Ireland’s largest company has been working to become a “simpler, more focused” business by selling off parts it considers to have less growth potential and focusing on more favourable markets. CRH chief executive Albert Manifold said it wouldn’t continue divesting at the same pace but would likely sell more of its...

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