CRH Enhances Colorado Footprint with Purchase of Ary Corporation

Monday, Jul 22, 2024 5:03 pm ET1min read

CRH has acquired Ary Corporation, bolstering its Colorado presence and extending its aggregates reserves. The acquisition adds sand and gravel sites, asphalt and concrete plants, as well as paving services to CRH's Western U.S. footprint. This move strengthens CRH's position as a leading provider of integrated building materials and solutions, offering customers a comprehensive suite of services in Colorado and beyond.

CRH plc, the international building materials group, continues to expand its footprint with the acquisition of Ary Corporation [1]. This strategic move adds sand and gravel sites, asphalt and concrete plants, as well as paving services to CRH's Western U.S. operations.

With a focus on strengthening market presence and generating synergies, CRH's development strategy for the first half of 2004 included approximately euro 700 million in acquisitions and investments [1]. The Ary Corporation acquisition falls under CRH's Americas Materials division, a part of the group that has seen significant growth through seven other deals during this period [1].

The addition of Ary Corporation's facilities and expertise extends CRH's reach in Colorado and beyond, providing a comprehensive suite of integrated building materials and solutions for customers. The acquisition reinforces CRH's commitment to growth and market expansion, showcasing its ability to capitalize on opportunities in various operating divisions.

References:
[1] CRH plc. (2004). CRH Acquisition: €366 Million Development Initiatives. https://www.crh.com/media/press-releases/2004/crh-acquisition-366-million-development-initiatives

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