Bär & Karrer Advises Blackstone on the Acquisition of the European Distribution Business of CRH plc

Private equity funds managed by Blackstone acquired the European distribution business of CRH plc, a global leading group in the building material industry, from CRH plc for an enterprise value of €1.64 billion.

Bär & Karrer acted as Swiss legal advisor to the buyer in this transaction. The team included Rolf Watter, Daniel Küpfer, Frédéric Mancosu and Linus Zweifel (all M&A/Corporate), Micha Schilling and Janine Wüst (both Financing), Susanne Schreiber and David Weimann (both Tax), Ruth Bloch-Riemer and David Trachsel (both Pensions), Thomas Stoltz and Anja Fuchs-Hodel (both Employment) as well as Mathuri Suppiah (Competition). Clifford Chance acted as international counsel.