CRH Continues Expansion in California with Dutra Materials Acquisition
CRH announced the acquisition of Dutra Materials in San Rafael, California, expanding its Americas Materials Solutions business in northern California. This follows CRH's earlier acquisitions of BoDean Company and Northgate Ready Mix in the state. Dutra Materials brings strategic aggregate reserves and asphalt production capabilities to CRH's operations. The acquisition strengthens CRH's position as North America's leading integrated supplier of aggregates, asphalt, and ready mixed concrete, enhancing its ability to serve the California construction market, one of the largest in the United States.
CRH ha annunciato l'acquisizione di Dutra Materials a San Rafael, in California, espandendo la sua attività di Soluzioni per i Materiali nelle Americhe nel nord della California. Questo segue le precedenti acquisizioni di BoDean Company e Northgate Ready Mix nello stato. Dutra Materials apporta riserve strategiche di aggregati e capacità di produzione di asfalto alle operazioni di CRH. L'acquisizione rafforza la posizione di CRH come principale fornitore integrato di aggregati, asfalto e calcestruzzo preconfezionato del Nord America, migliorando la sua capacità di servire il mercato delle costruzioni della California, uno dei più grandi degli Stati Uniti.
CRH anunció la adquisición de Dutra Materials en San Rafael, California, expandiendo su negocio de Soluciones de Materiales en las Américas en el norte de California. Esto sigue a las adquisiciones previas de CRH de BoDean Company y Northgate Ready Mix en el estado. Dutra Materials aporta reservas estratégicas de agregados y capacidades de producción de asfalto a las operaciones de CRH. La adquisición refuerza la posición de CRH como el proveedor integrado líder de agregados, asfalto y concreto premezclado en América del Norte, mejorando su capacidad para atender el mercado de la construcción de California, uno de los más grandes de los Estados Unidos.
CRH는 캘리포니아 주 샌 라파엘에 위치한 Dutra Materials 인수를 발표하며 북부 캘리포니아에서 아메리카즈 자재 솔루션 사업을 확대했습니다. 이는 CRH의 이전 인수인 BoDean Company와 Northgate Ready Mix에 이어 진행된 것입니다. Dutra Materials는 CRH의 운영에 전략적 골재와 아스팔트 생산 능력을 제공합니다. 이번 인수는 CRH가 북미에서 골재, 아스팔트 및 레디 믹스 콘크리트의 주요 통합 공급업체로서의 입지를 강화하며, 미국에서 가장 큰 캘리포니아 건설 시장을 지원하는 능력을 향상시킵니다.
CRH a annoncé l'acquisition de Dutra Materials à San Rafael, en Californie, élargissant ainsi son activité de Solutions Matériaux pour les Amériques dans le nord de la Californie. Cela fait suite aux acquisitions antérieures de CRH, à savoir BoDean Company et Northgate Ready Mix dans l'État. Dutra Materials apporte des réserves d'agrégats stratégiques et des capacités de production d'asphalte aux opérations de CRH. Cette acquisition renforce la position de CRH en tant que principal fournisseur intégré d'agrégats, d'asphalte et de béton prêt à l'emploi en Amérique du Nord, améliorant sa capacité à servir le marché de la construction californien, l'un des plus importants des États-Unis.
CRH gab die Übernahme von Dutra Materials in San Rafael, Kalifornien, bekannt, wodurch das Geschäftsfeld Americas Materials Solutions im Norden Kaliforniens ausgeweitet wird. Dies folgt auf die früheren Übernahmen von BoDean Company und Northgate Ready Mix durch CRH im Bundesstaat. Dutra Materials bringt strategische Aggregatreserven und Asphaltproduktionskapazitäten in die Operationen von CRH ein. Die Übernahme stärkt die Position von CRH als führenden integrierten Anbieter von Aggregaten, Asphalt und fertig gemischtem Beton in Nordamerika und verbessert die Fähigkeit, den kalifornischen Baumarkt, einer der größten in den Vereinigten Staaten, zu bedienen.
- Strategic expansion in California's large construction market
- Addition of aggregate reserves and asphalt production capabilities
- Enhanced integrated solutions offering in northern California
- Strengthened market presence following recent acquisitions
- None.
Insights
This strategic acquisition in California marks CRH's third recent expansion in the state, following BoDean Company and Northgate Ready Mix acquisitions. The move strengthens CRH's vertical integration in one of America's largest construction markets. California's construction sector presents significant growth potential due to its massive infrastructure needs and consistent demand for building materials.
The deal adds valuable aggregate reserves and asphalt production capabilities, which are important assets in a market where securing permits for new quarries is extremely challenging. This acquisition positions CRH to capture more market share in northern California and potentially improve profit margins through operational synergies and enhanced pricing power in the region.
The California construction materials market represents a strategic growth opportunity due to several factors:
- High barriers to entry in aggregate mining
- Substantial infrastructure spending needs
- Strong housing demand
- Strict environmental regulations favoring established players
(Photo: Business Wire)
Dutra Materials complements CRH’s Americas Materials Solutions business in the
“We are delighted to welcome Dutra Materials into the CRH family. Following our entry into the state of
“The construction market in
About CRH
CRH (NYSE: CRH, LSE: CRH) is the leading provider of building materials solutions that build, connect and improve our world. Employing c.78,500 people at c.3,390 operating locations in 28 countries, CRH has market leadership positions in both
For more information visit: www.crh.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20241115161370/en/
Jack Flaherty, jack.flaherty@edelmansmithfield.com
Source: CRH
FAQ
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