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CRH logoCRH CRH

The company said it issued an announcement on February 12, 2024 that it had completed the acquisition of certain cement and readymixed concrete assets from Martin Marietta Materials Inc.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it issued an announcement on February 12, 2024 that it had completed the acquisition of certain cement and readymixed concrete assets from Martin Marietta Materials Inc.

  2. The company said the acquisition covers a portfolio of cement and readymixed concrete assets in Texas, USA, and that the total consideration was $2.1 billion.

  3. The company said it first announced on November 21, 2023 that it had agreed to acquire cement and readymixed concrete assets in Texas, and that it said on February 12, 2024 the transaction had been completed.

  4. The company described itself as a building materials provider with market leadership positions in North America and Europe, operating in 29 countries at about 3,160 locations and employing about 75,800 people.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

CRH Completes Acquisition of Martin Marietta Cement and Ready-Mix Concrete Assets

The company said it issued an announcement on February 12, 2024 that it had completed the acquisition of certain cement and readymixed concrete assets from Martin Marietta Materials Inc.

Source · Based on the filing body and exhibits

Texas Assets Total Consideration $2.1 billion

The company said the acquisition covers a portfolio of cement and readymixed concrete assets in Texas, USA, and that the total consideration was $2.1 billion.

Source · Based on the filing body and exhibits

Acquisition Agreement Announced on November 21, 2023

The company said it first announced on November 21, 2023 that it had agreed to acquire cement and readymixed concrete assets in Texas, and that it said on February 12, 2024 the transaction had been completed.

Source · Based on the filing body and exhibits

Company Overview

The company described itself as a building materials provider with market leadership positions in North America and Europe, operating in 29 countries at about 3,160 locations and employing about 75,800 people.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.