CRH Boosts North American Presence with $2.1 Billion Acquisition of Eco Material Technologies

CRH, a building materials manufacturer, has acquired Eco Material Technologies for $2.1 billion to enhance its North American operations. The acquisition provides access to a nationwide network for low-carbon cement production and positions CRH at the forefront of transitioning to next-generation cement and concrete. The transaction is expected to be funded with available cash and completed by 2025.

CRH, a leading provider of building materials, has announced the acquisition of Eco Material Technologies for $2.1 billion. The deal, expected to close in 2025, aims to enhance CRH's North American operations and position it at the forefront of the transition to next-generation cement and concrete.

Eco Material Technologies, headquartered in Utah, specializes in producing and distributing Supplementary Cementitious Materials (SCMs) such as fly ash and synthetic gypsum. The company partners with leading US electricity utilities to recycle approximately seven million tonnes of fly ash and three million tonnes of synthetic gypsum annually. This acquisition will provide CRH with access to a nationwide network for low-carbon cement production, bolstering its environmental credentials and sustainability efforts.

Jim Mintern, CEO of CRH, stated that this strategic acquisition further positions CRH as a leading cementitious player in North America with both cement and SCM capabilities. The deal is expected to secure the long-term supply of critical materials for future growth and enhance CRH's market leadership in SCMs.

The transaction is subject to regulatory approval and customary closing conditions. CRH plans to fund the acquisition using its available cash and does not anticipate any change in its credit ratings. The deal is seen as a strategic move by analysts, who believe it will significantly expand CRH's cementitious capacity and strengthen its position in the North American market.

References:
[1] https://www.irishtimes.com/business/2025/07/29/crh-to-buy-us-cement-substitute-provider-eco-material-for-21bn/
[2] https://www.citybiz.co/article/724211/crh-to-acquire-eco-material-technologies-for-2-1b/