CRH Agrees $1.9bn Acquisition of Barrette Outdoor Living
CRH plc, the global leader in building materials solutions, announces that it has reached an agreement with TorQuest Partners and Caisse de dépôt et placement du Québec (CDPQ) to acquire Barrette Outdoor Living, Inc. (“Barrette”), North America’s leading provider of residential fencing and railing solutions for an enterprise value of $1.9 billion1, representing an acquisition multiple of c.10x EBITDA pre-synergies.