Building materials maker CRH has agreed to acquire Eco Material Technologies for $2.1 billion to expand its presence in North America. CRH operates through two regional divisions, with the Americas business accounting for 65% of revenues. The industry is shifting to low-carbon alternatives, with CRH taking over Eco Material’s near-zero carbon cement production. CEO Jim Mintern sees this as securing materials for future growth. The deal is expected to close in 2025, funded by CRH’s cash reserves.

Read more at Yahoo Finance: Building materials maker CRH to acquire Eco Material for $2.1 billion