CRH’s approach to acquisitions is a devolved process but follows a rigorous and controlled procedure of:

• Identifying deals


• Ongoing contact with an extensive 35 year + target database
• Each deal done opens doors to further opportunities
• CRH scale ensures access to all larger industry transactions


• Courtship/negotiation


• Patient approach recognising evolving owner circumstances
• Deals tailored to meet varying owner needs
• Upfront clarity with regard to post-acquisition priorities


• Evaluation


• Rigorous qualitative operational review process and due diligence
• Financial evaluation based on prudent margin, cash flow and terminal value assumptions
• Strict Board approval process, with subsequent 3 year look back


• Integration


• Implement CRH MIS, reporting, budgeting, cash and capex controls
• Transition to CRH operational Best Practice ...
• And then pursue growth plans