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- CRH Acquires Dutra Materials, Strengthening California Presence
CRH Acquires Dutra Materials, Strengthening California Presence
Slice of Construction Team
November 20, 2024
Key Highlights:
CRH acquires Dutra Materials in San Rafael, California.
Strengthens CRH’s Americas Materials Solutions business in northern California.
Expands strategic aggregate reserves and asphalt production capabilities.
Follows acquisitions of BoDean Company and Northgate Ready Mix earlier in 2023.
Positions CRH to capitalize on California’s robust construction market.
Source: Business Wire
Notable Quote:
“We are delighted to welcome Dutra Materials into the CRH family. Following our entry into the state of California earlier this year via the acquisitions of BoDean Company and Northgate Ready Mix, we are excited to expand our presence in California and further enhance our ability to provide integrated solutions to customers in this attractive market. The construction market in California is one of the largest in the United States and presents CRH with attractive opportunities for continued growth. As North America’s leading integrated supplier of aggregates, asphalt and ready mixed concrete, we look forward to helping build, connect and improve Northern California and serving customers with our unique combination of building materials, products and solutions.”
Our Take:
This acquisition marks another strategic move by CRH to solidify its leadership in California’s burgeoning construction market. By adding Dutra Materials’ aggregate reserves and asphalt production capabilities, CRH is positioning itself to meet the growing demand for integrated construction solutions in northern California. This step not only enhances its operational footprint but also underscores its commitment to sustainability and innovation in the building materials sector. As California continues to present robust growth opportunities, CRH’s strategic acquisitions signal a strong commitment to long-term success in the region.