Oldcastle caps 2012 with Hanson plant swap, two deals in ready mixed

Source: CRH Plc, Dublin; CP staff

In a wrap up of July–December 2012 transactions for its Americas businesses, CRH reported a late-year asset exchange between Oldcastle Precast and Hanson Pipe & Precast—boosting the producers’ Oregon and Washington plus Florida market positions, respectively. The precast plant swap capped a six-month period where the Americas operations completed $330 million in acquisitions, including two two-plant ready mixed businesses joining Oldcastle Materials: Massachusetts’ Morse (October) and Tennessee’s Concrete Materials (December).

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