CRH is also the acronym for Irish company Celtic Resources Holdings plc

Celtic Resources Holdings plc

Celtic Resources Holdings is a mining company based in Dublin, Ireland. CRH owns and operates gold mines, including the Suzdal Mine and Zherek Mine in Kazakhstan...

, a mining company

CRH plc, , is an Irish building material group, formerly called Cement-Roadstone Holdings plc. It is quoted on the Official Lists of the Irish Stock Exchange

Irish Stock Exchange

-History:The Irish Stock Exchange is Ireland's only stock exchange and has been in existence since 1793. It is an Irish private company limited by guarantee. It was first recognised by legislation in 1799 when the Irish Parliament passed the Stock Exchange Act...

 and London Stock Exchange

London Stock Exchange

The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

.

History

The company, whose name is an abbreviation of Cement Roadstone Holdings, was formed through the merger in 1970 of Cement Ltd (established in 1936) and Roadstone Ltd (established in 1949). Major acquisitions have included Tilcon, a leading US

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 building materials supplier, in 1996, and Ibstock, a leading British

United Kingdom

The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

 brick manufacturer in 1999.

In 2006 CRH struck out from its usual strategy and invested in a cement factory based in the Heilongjiang

Heilongjiang

For the river known in Mandarin as Heilong Jiang, see Amur River' is a province of the People's Republic of China located in the northeastern part of the country. "Heilongjiang" literally means Black Dragon River, which is the Chinese name for the Amur. The one-character abbreviation is 黑...

 region in China

China

Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

. It has built on that presence acquiring a 26% stake in the Jilin Yatai Group and an option to acquire 49% in the future.

In 2007 CRH purchased four US companies, worth a total of $350 million (€251 million) to add to its US materials division: these companies are Conrad Yelvington Distributors Inc. (CYDI), Eugene Sand & Gravel, Cessford Construction and McMinn's Asphalt and Prospect Agrregates.

In 2008 CRH agreed to buy a 50 percent stake in Indian cement company My Home Industries Ltd. for €290 million ($452 million).

Also in 2008 CRH agreed to purchase landscape paver, Pavestone, for $540 million.

External links

• Official Website