CRH's Acquisition of Arcosa Complements Its Portfolio, but Is Fully Reflected in the Price
CRH is a global supplier of building materials, with the majority of its revenue earned in North America. Infrastructure is CRH's largest end market, representing 40% of group sales. As the largest roadbuilder in North America, CRH is well positioned to benefit from a 50% increase in funding for highway and road construction as part of recently signed US legislation. Funding certainty for US infrastructure projects and reshoring activity, combined with high entry barriers for upstream building materials, enable regular price increases for building materials.
United States