Oldcastle Products’ Dublin-based parent company CRH Plc recently exercised its option to buy out the remaining 50 percent stake in Florida’s Paver Systems,
CP Staff
Oldcastle Products’ Dublin-based parent company CRH Plc recently exercised its option to buy out the remaining 50 percent stake in Florida’s Paver Systems, LLC, a business in which it first invested three years ago. Paver Systems has concrete paving stone operations in West Palm Beach, Tampa and Orlando, and is well-positioned to benefit from the strong professional hardscapes market in Florida.
Over the past 30 years, CRH has established leadership positions in three distinct segments Û materials, products and distribution Û in Europe and the Americas, notes CRH Chief Executive Liam O’Mahoney. Since the initial investment, Paver Systems has been an exceptionally strong performer for Americas Products in the expanding Florida hardscapes market, and a key component of its overall strategy for the southeastern United States.