# CRH reportedly in talks to sell stake in My Home Industries

CRH is reportedly in talks to exit its joint venture with India's My Home Group by selling its 50% stake in My Home Industries back to the Indian group. The stake was acquired in 2008 for around US$450 million. My Home Industries operates four cement plants with a total capacity of 9.6 million tonnes per year.

- Type: Acquisition
- Announced: 2019-12-13
- Where: Andhra Pradesh, Tamil Nadu, Telangana, India, India
- Value: $450.0M
- Status: rumored
- Capacity: 9.6 million tonnes per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [CRH](https://endata.com/companies/15142.md)
- [My Home Industries Private Limited](https://endata.com/companies/19957.md) (target)
- [My Home Group](https://endata.com/companies/26421.md) (partner)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/167937/crh-reportedly-in-talks-to-sell-stake-in-indian-joint-venture.html), 2019-12-13: "CRH is reportedly in talks to exit its joint venture with India's My Home Group."

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