KPS Capital Partners to buy CRH’s Building Envelope division
Irish building materials giant, CRH, has entered into an agreement to sell its Building Envelope business for an enterprise value of $3.8bn (€3.4bn). The division will be sold to KPS Capital Partners. The sale embraces architectural glass, storefront systems, architectural glazing systems and related hardware to customers primarily in North America – this houses CRH’s entire Building Envelope business. A statement released by CRH confirms that the price being…