Thursday October 22, 2020

The untouchable position of CRH isn’t set in stone

With a Swedish investment fund taking a sizeable stake in Cement Roadstone Holdings, the stage is set for an intriguing battle of wills

Ian Guider

Markets Editor

@ianguider
10th February, 2019
2
Albert Manifold, chief executive of CRH, at the CRH Annual General Meeting last April in the Royal Marine Hotel in Dún Laoghaire Pic: RollingNews

Everything about Cement Roadstone Holdings is big. The building materials and concrete giant, valued at €21 billion last week, is Ireland’s biggest company.

It employs more people than any other Irish firm, with 85,000 workers. It makes more revenues than any firm, with sales of €27 billion in 2017. Its bosses even have the biggest pay packets of Irish executives with its chief executive, Albert Manifold, taking home €8.6 million in 2017.

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