Vision 2030 Jan. 2012 | Page 46

An Irish Success Story for over 40 Years Myles Lee, Chief Executive Officer, CRH plc CRH plc, the international building materials group based in Belgard Castle in Dublin, was founded in 1970 following the merger of two leading indigenous Irish companies, Irish Cement Limited and Roadstone Limited. Over the past 40 years, CRH has grown from its Irish roots to become one of the world’s leading integrated building materials companies. Today, CRH employs approximately 75,000 people at over 3,600 operating locations in 34 countries and directly benefits each and every community in which it operates. CRH’s strategic vision has been clear and consistent – to be a responsible international leader in building materials delivering superior performance and growth. In applying this vision, CRH has delivered superior and sustained shareholder returns, while reducing its dependence on individual markets and achieving a balance in its geographic presence and portfolio of products. CRH’s foundations in Ireland have been built upon over many years. Following its first acquisition in 1973 in mainland Europe, the 1970s also saw CRH begin its expansion into the Americas. Operating as Oldcastle, CRH is now the leading integrated building materials company in the US with operations in all 50 US states and in 4 Canadian provinces. CRH also continued to expand in Europe, including the newly emerging Eastern economies. Today, CRH has key market leadership positions in many European countries in primary building materials businesses, value-added building products and building materials distribution. In the developing economies of emerging regions, CRH’s strategy is clear: to target premium assets as an initial footprint, usually in cement and often in partnership with strong local established businesses. CRH identifies entry platforms that have