# KKR and XPV Water Partners agree to sell Axius Water to CRH

KKR and XPV Water Partners announced the signing of a definitive agreement to sell Axius Water, a water quality solutions company, to CRH, a building materials company.

- Type: Acquisition
- Announced: 2018-05-25
- Where: Three Forks, Montana, United States
- Value: $3.50B
- Status: announced
- Capacity: 0.315Mta
- Products: water quality solutions
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [XPV Water Partners](https://endata.com/companies/9732.md) (partner)
- [Axius Water](https://endata.com/companies/11432.md) (target)
- [CRH](https://endata.com/companies/15142.md) (acquirer)
- [CRH](https://endata.com/companies/15142.md) (partner)
- [KKR](https://endata.com/companies/16879.md) (partner)
- [Grupo Cementos de Chihuahua](https://endata.com/companies/20127.md) (acquirer)
- [Grupo Cementos de Chihuahua](https://endata.com/companies/20127.md) (partner)
- [Summit Materials](https://endata.com/companies/21264.md) (partner)
- [Martin Marietta Materials](https://endata.com/companies/25131.md) (partner)
- [Ash Grove Cement](https://endata.com/companies/26641.md) (target)
- [GCC Americas](https://endata.com/companies/32647.md) (partner)
- [CRH Americas](https://endata.com/companies/32724.md) (partner)

## Sources

- [business.sherbrookerecord.com](https://business.sherbrookerecord.com/sherbrookerecord/article/bizwire-2026-5-4-kkr-and-xpv-water-partners-agree-to-sell-axius-water), 2018-05-25: "KKR, a leading global investment firm, and XPV Water Partners, a leading water-focused investment firm, today announced the signing of a definitive agreement to sell Axius Water to CRH, a leading building materials company."
- [financialpost.com](https://financialpost.com/press-releases/business-wire/ash-grove-cement-company-announces-receipt-of-regulatory-approval-of-pending-acquisition-by-crh-plc/), 2018-06-14: "Ash Grove Cement Company today announced that its previously reported Agreement and Plan of Merger with CRH plc, under which CRH plc will acquire Ash Grove, has received clearance from the U.S. Federal Trade Commission"
- [pitandquarry.com](https://www.pitandquarry.com/crh-to-divest-operations-to-complete-ash-grove-deal/), 2018-06-14: "CRH, parent company of Oldcastle, will divest several facilities to complete its $3.5 billion purchase of Ash Grove Cement Co."
- [vitallaw.com](https://www.vitallaw.com/news/acquisitions-mergers-news-ftc-requires-divestment-of-plants-and-quarries-in-crh-acquisition-of-ash-grove-cement-company/ald01781ff0fe7d0a1000b62390b11c18c90208), 2018-06-15: "CRH is required to divest its cement plant and quarry in Three Forks, Montana to Grupo Cementos de Chihuahua, or GCC, a Mexican multinational corporation and experienced producer of cement, aggregates, and other"
- [cemnet.com](https://www.cemnet.com/News/story/164262/gcc-acquires-trident-cement-sells-ok-and-ar-ready-mix-operations.html), 2018-06-15: "GCC received regulatory approval for the purchase of the 0.315Mta Trident cement plant in Three Forks, Montana, USA, from CRH."
- [worldcement.com](https://www.worldcement.com/special-reports/18062018/ash-grove-cement-company-announces-approval-for-crh-plc-acquisition/), 2018-06-18: "Ash Grove Cement Company today announced that its previously reported Agreement and Plan of Merger with CRH plc, under which CRH plc will acquire Ash Grove, has received clearance from the US Federal Trade Commission."
- [cementproducts.com](https://cementproducts.com/2018/06/18/trade-commission-cements-crh-ash-grove-3-5b-merger/), 2018-06-18: "The U.S. Federal Trade Commission (FTC) cleared the path for CRH plc to acquire Overland Park, Kan.-based Ash Grove Cement for $3.5 billion after the company agreed to divest facilities in three states."
- [irishtimes.com](https://www.irishtimes.com/business/construction/crh-closes-3bn-acquisition-of-us-cement-firm-ash-grove-1.3538620), 2018-06-21: "CRH has completed its $3.5 billion (€3.03 billion) acquisition of US cement manufacturer Ash Grove Cement Company."
- [globalcement.com](https://www.globalcement.com/news?start=11552), 2018-06-21: "US: Ireland’s CRH has completed its acquisition of Ash Grove Cement."
- [thegreystonegroup.com](https://www.thegreystonegroup.com/project/gcc-acquires-trident-cement-from-crh/), 2018-06-23: "It has been a privilege to work alongside Enrique Escalante and the entire GCC development team"

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