TorQuest Partners and Caisse de dépôt et placement du Québec complete the sale of Barrette Outdoor Living to CRH
CLEVELAND, July 11, 2022 /PRNewswire/ - TorQuest Partners ("TorQuest"), Caisse de dpt et placement du Qubec ("CDPQ"), Les Entreprises Barrette Lte, management and co-investors successfully completed the previously announced sale of Barrette Outdoor Living, Inc. ("Barrette"), North America's leading provider of residential fencing and railing solutions, to CRH plc for an enterprise value of $1.9 billion.
- CLEVELAND, July 11, 2022 /PRNewswire/ - TorQuest Partners ("TorQuest"), Caisse de dpt et placement du Qubec ("CDPQ"), Les Entreprises Barrette Lte, management and co-investors successfully completed the previously announced sale of Barrette Outdoor Living, Inc. ("Barrette"), North America's leading provider of residential fencing and railing solutions, to CRH plc for an enterprise value of $1.9 billion.
- Barrette is a North American leader in sustainable outdoor living solutions we are very grateful to Jean and all of the management and employees of Barrette for our partnership and wish them continued success with CRH."
- CRH was represented by the law firm of Kilpatrick Townsend & Stockton LLP and Barrette was represented by Latham & Watkins, LLP and Torys LLP.
- CRH (LSE: CRH, ISE: CRG, NYSE: CRH) is the leading building materials business in the world, employing c.73,000 people at c.3,200 operating locations in 28 countries.