Companies

CRH completes UK lime divestment

Third and final phase of CRH’s lime operation divestment in Poland is expected to be completed in 2024

Albert Manifold, CRH CEO, said in November that the sale followed a “comprehensive review of the business and demonstrates CRH's active approach to portfolio management”. Picture: Maura Hickey

CRH, the Irish-headquartered construction materials firm, has completed divestment of its lime operations in the UK.

The move concludes the second phase of CRH’s $1.1 billion European divestment, following the sale of its European lime operations to SigmaRoc, the specialist quarries material group, in November.

The firm announced in January that it had completed the first phase of the transaction, comprising its operations in Germany, Czech Republic and Ireland.

The final phase of divestment of ...