CRH announces acquisition of Hydro International

CRH, a global provider of building materials solutions, has announced the acquisition of Hydro International.

Hydro will become part of their Infrastructure Products business in North America and Europe.

CRH said the acquisition aligns with the organisation’s strategy to expand in key growth markets, bringing R&D capabilities, market expertise and product breadth to the wastewater and stormwater market

The company believe combining Hydro’s capabilities with CRH Infrastructure Product’s vast water product portfolio and production network will provide a unique and unparalleled ability to solve customers’ water management challenges.

In a statement issued by CRH, Matthew Clemson and Lenora Moore said:

“The Hydro team has long-standing customer relationships and a strong service record spanning 50 years. We look forward to growing the trusted foundation that Hydro has worked so hard to build, with an enhanced product offering and a wider range of integrated solutions.

“Hydro will continue operating as per usual while leveraging and sharing CRH’s vast resources.”

SourceCRH

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