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| CRH acquires $250 million of assets from Cemex Irish building materials group CRH announced that it was in negotiations with Cemex regarding the possible acquisition of certain Cemex assets in the United States and Europe. Arising from these negotiations CRH has acquired the Cemex readymixed concrete and concrete block operations in Florida and the aggregates and readymixed concrete operations in Arizona required to be sold as a condition of the US Department of Justice approval for Cemex's acquisition of the Rinker Group. The total cash consideration is approximately US$250 million (euro 170 million). write your comments about the article :: © 2007 Construction News :: home page |