CRH buys Halfen-Deha for €170 million

CRH has acquired building accessories contractor Halfen-Deha for approximately €170 million.

CRH has acquired building accessories contractor Halfen-Deha for approximately €170 million.

Halfen, which was founded in 1929, produces a range of construction accessories including anchoring technology, facade fixing systems, reinforcement accessories, transport anchor systems and framing systems.

In 2005, Halfen profit before interest, tax, depreciation and amortisation for Halfen amounted to €22 million on sales of €190 million.

Halfen employs approximately 1,300 people in 16 countries. The group reported pretax profit in 3005 of €22 million on sales of €190 million.

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The MMI business that CRH acquired last week is a main distributor of Halfen products in the United States .