Building materials group CRH completed €1bn in divestments in 2015.
In its Developments Strategy Update, the group detailed total disposal and acquisition activity last year.
This included the previously announced sale of its UK and US clay and concrete product operations for €430m.
A total of 29 divestments were completed by CRH in 2015, including the group’s 25% stake in its Israeli operations and its 45% stake in French builders merchant Doras.
In addition, the group has divested all of its businesses in Argentina and Chile.
Total acquisition spend for the year was around €8bn, including deals for Lafarge and Holcim, and C.R. Laurence.
CRH also completed 20 bolt-on acquisition and investment transactions in 2015.
Commenting on the update, CRH CEO Albert Manifold said: "We are pleased with our progress in 2015, which brought cumulative proceeds from our multi-year divestment programme to almost €1.4bn, while our targeted bolt-on investments strengthened our existing businesses and complemented the major acquisition activity which saw total acquisition spend of approximately €8 billion in 2015."
