CRH agrees $1.9bn acquisition of Barrette Outdoor Living

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

CRH has agreed to buy Barrette Outdoor Living, a North American residential fencing and railing solutions company, for $1.9 billion.

CRH, the Construction giant, has reached an agreement with TorQuest Partners and Caisse de dépôt et placement du Québec to buy Barrette Outdoor Living for an enterprise

value of $1.9 billion .The price being paid represents an acquisition multiple of around 10 times earnings before interest, taxation, depreciation and amortisation pre-synergies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CRH acquires North American fence company for €1.8bnBuilding materials giant announced deal to buy Barrette Outdoor Living from two Canadian private equity firms on Friday
Source: IrishTimesBiz - 🏆 6. / 77 Read more »