CRH acquires US railing company for almost €1.9bn

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Irish building materials giant first announced the deal for Ohio-headquartered Barrette Outdoor Living in June

Irish building materials giant first announced the deal for Ohio-based Barrette Outdoor Living in JuneCRH chief executive Albert Manifold said in June that Barrette is 'an excellent addition' to the group. Photograph: Cyril ByrneIrish building materials giant CRH has completed its acquisition of US residential fencing and railing company Barrette Outdoor Living for $1.9 billion .

The deal, first announced in June, was paid for with cash of $1.85 billion and about $40 million of capitalised lease liabilities.

 

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