Report
Sven Edelfelt

CRH : The race for grey gold in the US

>Eagle Materials “heavy”: a new transforming acquisition? - CRH could be tempted to buy Eagle Materials’ cement division, in our view. On 30 May, Eagle Materials announced the spinning-off of its cement/aggregates and plasterboard business. This deal, which should be finalised in H1 2020, will likely result in the independent stock market listing of the two companies. The board took radical measures to crystallise value as suggested by one of the group’s reference sha...
Underlying
CRH Plc

CRH is a diversified international building materials company. Co. is engaged in the manufacture and distribution of a range of building materials products from the fundamentals of heavy materials and elements to construct the frame, through value-added products that complete the building envelope, to distribution channels which service construction fit-out and renewal. Co. operates seven operating segments: Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, Americas Distribution and Asia.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Sven Edelfelt

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