CRH acquires Adbri
CRH completed a Scheme of Arrangement to acquire the 57% of Adbri Limited’s ordinary shares it did not already own, alongside the Barro Group, which retained its own stake. This is a majority-stake transaction, not a full takeover: CRH and Barro together control Adbri, an Australian cement, lime and concrete products group, but CRH itself holds only the 57% stake acquired under the Scheme. The Scheme was approved by Adbri’s independent shareholders on 12 June 2024, received Court approval on 14 June 2024, and completed on 1 July 2024. Neither party disclosed the transaction value.
- Value
- Undisclosed
- Buyer
- CRH
- Seller
- —
- Regulatory
- None recorded