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Oregon Town, Let Down by One Green Tech Venture, Gets New Opportunity

UTAH, UNITED STATES, JUL 29 – The $2.1 billion deal enhances CRH's position in sustainable building materials by acquiring Eco Material's network recycling over 10 million tons of cement alternatives annually.

  • On July 29, 2025, Dublin-based building materials firm CRH announced it would purchase Eco Material Technologies for $2.1 billion, aiming to strengthen its footprint in the North American market.
  • CRH pursued this acquisition to secure long-term supply of sustainable supplementary cementitious materials amid industry shifts toward low-carbon alternatives.
  • Based in Utah, Eco Material manages a nationwide system that annually recycles about seven million tons of fly ash along with three million tons of synthetic gypsum.
  • CRH CEO Jim Mintern said the deal positions CRH at the forefront of next-generation cement and concrete, while analyst Shane Carberry called it a "shrewd acquisition."
  • The transaction, funded with cash on hand and expected to close in 2025, will expand CRH's cementitious capacity and market leadership in supplementary cementitious materials.
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One Equity Partners, Warburg Pincus and Green Cement Investments to Sell Eco Material Technologies to CRH

Launched by One Equity Partners, Warburg Pincus and Green Cement Investments in 2022, Eco Material Technologies is well-positioned under CRH's stewardship to maintain its growth trajectory

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Bloomberg broke the news in United States on Tuesday, July 29, 2025.
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