# CRH to acquire Fels lime and aggregates business for €0.6B

CRH plc agreed to acquire Fels, a German lime and aggregates business, from Xella International for €0.6 billion. Fels has nine production locations in Germany and one each in the Czech Republic and Russia.

- Type: Acquisition
- Announced: 2017-08-25
- Where: Germany
- Value: $708.0M (600.0M EUR)
- Status: announced
- Products: lime, aggregates
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [CRH](https://endata.com/companies/15142.md) (acquirer)
- [Xella International GmbH](https://endata.com/companies/26352.md) (partner)
- [Fels](https://endata.com/companies/26520.md) (target)

## Sources

- [constructionbusiness.ie](https://www.constructionbusiness.ie/crh-agrees-2-6bn-divestment-of-americas-distribution-and-e0-6bn-acquisition-of-fels-in-europe/), 2017-08-25: "CRH’s Europe Heavyside business has agreed to acquire Fels, a leading German lime and aggregates business, for €0.6 billion (EV)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.