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CRH PLC to Acquire Mykolaiv Cement


Friday, 26 Apr 2013 02:01am EDT 

CRH PLC announced that the Company has reached agreement to acquire Lafarge-owned Mykolaiv Cement for an upfront cash consideration, including debt assumed, of EUR 96 million. Completion of the transaction is subject to the granting of the required regulatory approvals. Mykolaiv Cement is located in the Lviv region of Western Ukraine. CRH entered the Ukraine market in 1999 with the acquisition of Podilsky Cement and in 2011 acquired a majority stake in Odessa Cement. 

Company Quote

23.55
-0.19 -0.80%
12:55pm EDT