Adbri Ltd. is an Australian business with high-quality assets and leading market positions in the cement, concrete, and aggregates industry. It is being acquired by CRH plc and the Barro Group for an equity valuation of A$2.1 billion. The acquisition aims to enhance the long-term growth and performance of Adbri, creating additional opportunities for development and growth for CRH's existing Australian business.

https://www.adbri.com.au/

Australia

Adbri Ltd

CRH plc is the leading provider of building materials solutions with approximately 78,500 employees at 3,390 operating locations. CRH has market leadership positions in both North America and Europe, offering materials, products, and value-added services to deliver a more resilient and sustainable built environment. The company is ranked among sector leaders by Environmental, Social and Governance (ESG) rating agencies and its shares are listed on the NYSE and the LSE.

Makkah Al Mukarramah, Makkah Region, Saudi Arabia

Makkah Al Mukarramah

CRH plc

CRH plc, in partnership with the Barro Group, has successfully received approval for the acquisition of Adbri Ltd. The Scheme of Arrangement Approval allows CRH to acquire the remaining 57% of the ordinary shares of Adbri not owned by Barro, reinforcing CRH's presence and opportunities for growth in the Australian building materials market.

CRH plc and Barro Group to acquire Adbri Ltd in Scheme of Arrangement Approval

CRH plc and Barro Group to acquire Adbri Ltd in Scheme of Arrangement Approval

Company Info