Building materials group CRH has completed the purchase of a cement plant in north east China.
In a statement today, the company said it had received the necessary government approval to buy the plant in Heilongjiang province.
The plant, which will operate as Harbin Sanling Cement Company, is located in Xiaoling Township, approximately 45km south east of Heilongjiang's largest city, Harbin which has a population of 9 million.
Last October, the Irish group announced it had signed a letter declaring its intention to acquire a 26 per cent stake of Chinese operator Yatai Cement which included an option to increase it to 49 per cent of Yatai after three years.
CRH has so far not disclosed figures for either transaction.
CRH chief executive Liam O'Mahony said: "We are delighted to have concluded our first acquisition in China, which provides the opportunity for CRH to participate in the large and growing Chinese building materials market".