Gabelli International Growth Fund Inc. on CRH plc
Thesis
CRH is a global building-materials leader with more than 70% of EBITDA generated in North America and the largest U.S. aggregates reserve base. Its acquisition of Arcosa further increases exposure to the attractive U.S. aggregates market. Gabelli views the transaction as reinforcing CRH's dominant position in North American building materials.
“This strategic acquisition further strengthens CRH's exposure to the attractive U.S. aggregates market.”