Building materials giant CRH announced an agreement to acquire sustainable cement alternatives producer Eco Material from One Equity Partners, Warburg Pincus and Green Cement Investments, in a deal valuing the company at $2.1 billion.
Launched by the selling consortium in 2022, Utah-based Eco Material was formed from the merger of Boral Limited’s North American fly ash business and near-zero-carbon cement alternatives manufacturer Green Cement Inc. The company is one of the leading Supplementary Cementitious Materials (SCM) suppliers in North America – SCMs are alternative materials to p…
