CRH plans €20m ed­u­ca­tion hub

The Irish Times - Business - - FRONT PAGE - JOE BREN­NAN

Build­ing ma­te­ri­als gi­ant CRH is planning to build a state-of-the-art ed­u­ca­tion cen­tre for the group at its head­quar­ters in Dublin, which is ex­pected to cost more than €20 mil­lion to de­velop.

The com­pany – which is cur­rently re­fur­bish­ing its head of­fice at Bel­gard Cas­tle, an 18th-cen­tury house at­tached to a medieval tower be­tween Clon­dalkin and Tal­laght in south­west Dublin – plans to make a planning ap­pli­ca­tion to South Dublin County Coun­cil to build the new 5,500sq m ed­u­ca­tion cen­tre and learn­ing ar­chive.

CRH, which is led by chief ex­ec­u­tive Al­bert Man­i­fold and which em­ploys 87,000 peo­ple across 3,800 lo­ca­tions in 31 coun­tries, aims to bring man­agers and em­ploy­ees glob­ally to the new cen­tre to “col­lab­o­rate with peers across the or­gan­i­sa­tion through thought lead­er­ship ses­sions, train­ing and de­vel­op­ment pro­grammes and in­no­va­tion, sus­tain­abil­ity and di­ver­sity ini­tia­tives”, it said in a state­ment.

“We en­vis­age that sig­nif­i­cant num­bers of CRH col­leagues from all over the world will visit Ire­land each year to par­tic­i­pate in a va­ri­ety of pro­grammes and ini­tia­tives in the ed­u­ca­tion cen­tre and learn­ing ar­chive,” Mr

We en­vis­age that sig­nif­i­cant num­bers of CRH col­leagues from all over the world will visit Ire­land

Man­i­fold said. “This de­vel­op­ment po­si­tions Bel­gard Cas­tle at the cen­tre of the group.”

The move comes two years af­ter CRH, which was formed in 1970 through the merger of Ce­ment Ltd and Road­stone Ltd, moved much of its head of­fice staff about 15 miles east of the head­quar­ters, to Stone­ma­son’s Way in Rath­farn­ham. This prop­erty con­tains CRH’s books and ac­count­ing records.

Some 250 em­ploy­ees are based across the two lo­ca­tions.

The de­vel­op­ment comes as CRH has re­turned to the ac­qui­si­tion trail this year, af­ter tak­ing time off in 2016 to di­gest €8 bil­lion of deals car­ried out in 2015.

Last month, Ire­land’s most valu­able pub­licly-quoted com­pany saw its $3.5 bil­lion (€3 bil­lion) of­fer for Kansas-based Ash Grove Ce­ment ac­cepted by share­hold­ers in the US com­pany.

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