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.
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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
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