Oldcastle parent nets $2.6 billion in Americas Distribution business sale

Sources: CRH Plc, Dublin; Beacon Roofing Supply Inc., Herndon, Va.; CP staff

CRH is set to shed a sizable slice of its legacy Oldcastle Inc. portfolio, selling its Allied Building Products-anchored Americas Distribution business to Beacon Roofing Supply, North America’s the largest publicly traded wholesale roofing and building materials distributor.

Read More

CRH plows $530M into Mulzer, companion North American deals from European asset sales

Sources: CRH Plc, Dublin; CP staff

The parent of Atlanta-based Oldcastle Materials Inc. has closed on seven deals year to date, led by the acquisition of one of the largest privately held U.S. aggregates producers: Tell City, Ind.-based Mulzer Crushed Stone Inc., spanning six quarries, five sand & gravel operations, 14 materials yards, plus four ready mixed concrete and three asphalt plants serving Ohio River and Kanawha River valley markets in Indiana, Kentucky and West Virginia.

Read More