◂ Announcements

Aug 5, 2019ACQUISITIONNetherlands

CRH sells Building Distribution Europe to Blackstone funds

CRH sold its Building Distribution Europe division to funds managed by Blackstone for €1.64 billion. The division distributes building materials in six Western European countries.

Value

$1.84B (1.64B EUR)

Status

Completed

Productsbuilding materialssanitary wareheating equipment

CompaniesBlackstone Group acquirer CRH target

Sectors#Construction Materials

“CRH voert als redenen van de verkoop aan dat zij zich meer wil focussen op haar kernactiviteiten.”houtwereld.nl

1 source
houtwereld.nlCRH verkoopt handelsdivisie - HoutwereldRedactie HoutwereldAug 5, 2019

Summarized from public sources; check the original articles before acting on it.

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CRH sells Building Distribution Europe to Blackstone funds · Endata