Irish CRH is one of the companies in the international building materials industry.Nearly 900 branches of 12 countries on the three continents have 23,000 employees.Headquartered in Dublin in Ireland, the group company produces and supplies various building materials.
CRH has enterprises in the Republic of Ireland, Britain, Northern Ireland, Europe, Argentina and North America.North America is the larger market area of ??the group.Under the organization of the Holding Company -Oudcastel, its event is divided into 5 product groups, including 405 factories, distributed in 48 continents.Employees reach 12,000.Five product groups include buildings, glass, distribution and prefabrication.
The joint venture cooperation between Irish CRH and Jilin Yatai Group. After three years of negotiations, it was ended on January 8, 2009.CRH China Northeast Cement Investment Corporation purchased 26%of the equity of the Yatai Group Cement Investment Co., Ltd. and operated joint ventures.
The two parties held an equity delivery ceremony in Changchun.
According to Song Shanglong, chairman of Yatai Group, Yatai Group will take advantage of the opportunity to cooperate with CRH to accelerate the integration of cement companies in the three provinces of Northeast China, and jointly develop large -scale cement components and new building materials with CRH companies to accelerate the pace of deep processing of cement products and form formedNew profit growth points.
In the background of global economic downturn, it entered the Chinese market, and this investment decision of CRH is noticeable.