CRH plc has agreed to divest and sell its lime operations in Europe to building materials company SigmaRoc plc for a total consideration of up to $1.1 billion. The transaction, announced Nov. 22, is structured in three phases, the first of which is expected to complete in early 2024. Dublin-based CRH plc was advised by a Hengeler Mueller team that includes partners Alf-henrik Bischke, Frank Burmeister, Annika Clauss and Gunther Wagner. Counsel information for SigmaRoc, based in London, was not immediately available.
Industrial, Chemicals & Materials
November 23, 2023, 10:21 AM