{"slug":"crh","name":"CRH","name_en":"CRH plc","ticker":"CRH","updated_at":"2026-09-11T21:31:43.474278+00:00","canonical":"https://valuechain.wiki/crh","citable":"밸류체인 그래프 기준 CRH의 직접 연결 기업은 3곳(관계 기준 공급 1·매출 2)이고, 사슬을 2차까지 넓히면 4곳에 닿는다. 링크의 근거 출처는 8건이며 그중 1차공시가 1건이다 (valuechain.wiki, 2026-09-11 기준).","citable_en":"Per the valuechain.wiki graph, CRH plc is directly linked to 3 companies (1 supply, 2 revenue relationships) and reaches 4 companies within two hops; the links are backed by 8 dated sources, 1 of them primary filings (as of 2026-09-11).","kicker":"글로벌 건축자재 기업","kicker_en":"Global building materials group","lead":"CRH는 골재와 시멘트계 재료, 도로 포장, 기반시설 제품, 야외 생활 제품을 정부·건설사·주택개량 유통사에 판매한다. 생산과 운송에는 중장비·차량과 외부 원재료·에너지를 투입하며, 인수를 통해 골재 매장량과 시멘트계 공급망을 넓힌다.","lead_en":"CRH sells aggregates, cementitious materials, road solutions, infrastructure products, and outdoor-living products to governments, contractors, and home-improvement retailers. Its operations depend on heavy equipment, vehicles, external raw materials, and energy, while acquisitions expand its reserves and cementitious supply chain.","categories":[{"key":"advanced-structural-materials","ko":"첨단 구조·산업 소재","en":"Advanced Structural & Industrial Materials","theme":"materials-chemicals","theme_ko":"산업 소재·화학","theme_en":"Industrial Materials & Chemicals","theme_kind":"sector","primary":true}],"segments":{"parts":[{"name":"필수 소재","note":"FY2025 매출 103억7400만달러"},{"name":"도로 솔루션","note":"FY2025 매출 170억8900만달러"},{"name":"건축·인프라 솔루션","note":"FY2025 매출 48억6800만달러"},{"name":"야외 생활 솔루션","note":"FY2025 매출 51억1600만달러"}],"total":"FY2025 총매출 374억4700만달러 (SEC 10-K XBRL)","track":"C"},"segments_en":{"parts":[{"name":"Essential Materials","note":"FY2025 revenue of $10.374 billion"},{"name":"Road Solutions","note":"FY2025 revenue of $17.089 billion"},{"name":"Building & Infrastructure Solutions","note":"FY2025 revenue of $4.868 billion"},{"name":"Outdoor Living Solutions","note":"FY2025 revenue of $5.116 billion"}],"total":"FY2025 total revenue of $37.447 billion (SEC Form 10-K XBRL)"},"returns_yearly":{"2021":27.1,"2022":-20.5,"2023":81.3,"2024":35.9,"2025":35.9,"2026":-23.6},"return_asof":"2026-09-04","value_chain":{"leading":[{"slug":"home-depot","name":"홈디포","name_en":"The Home Depot, Inc.","tier":1,"returns_yearly":{"2021":59.5,"2022":-22,"2023":12.8,"2024":15,"2025":-9.3,"2026":-13.7}},{"slug":"lowes","name":"로우스","name_en":"Lowe's Companies, Inc.","tier":1,"returns_yearly":{"2021":63.3,"2022":-21.5,"2023":14,"2024":13,"2025":-0.3,"2026":-13.9}}],"benefiting":[{"slug":"caterpillar","name":"Caterpillar","name_en":"Caterpillar","tier":1,"returns_yearly":{"2021":16,"2022":18.6,"2023":25.9,"2024":24.7,"2025":60.3,"2026":40.6}},{"slug":"nucor","name":"뉴코","name_en":"Nucor Corporation","tier":2,"returns_yearly":{"2021":118.4,"2022":17.4,"2023":33.8,"2024":-32,"2025":42,"2026":54.7}},{"slug":"nuscale","name":"NuScale Power","name_en":"NuScale Power","tier":3,"returns_yearly":{"2023":-67.9,"2024":445,"2025":-21,"2026":-49.2}}],"analysis":"글로벌 건축자재 기업. 2025년 +35.9% 뒤 2026년 -23.6%로 조정됐다. 공급단(평균 +42.9%)이 본주(-23.6%)보다 세게 움직였다. 공급 병목 국면의 전형으로, 본주 마진보다 공급사 물량 레버리지가 먼저 반영되고 있다는 신호다. 연결 노드 중 가장 앞선 곳은 캐터필러(+42.9%), 가장 처진 곳은 로우스(-13.9%)다. 격차가 사슬 논리로 설명되면 후자가 다음 전파 후보이고, 설명되지 않으면 그 연결 자체를 다시 봐야 한다.","analysis_en":"CRH plc operates across Global building materials group. After +35.9% in 2025, it corrected -23.6% in 2026. The supply side (avg +42.9%) has moved harder than the stock (-23.6%). That is the classic bottleneck pattern: supplier volume leverage is being priced before this layer's own margin. Among connected nodes the furthest ahead is Caterpillar (+42.9%) and the furthest behind is Lowe's Companies, Inc. (-13.9%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Its operations depend on heavy equipment, vehicles, external raw materials, and energy, while acquisitions expand its reserves and cementitious supply chain.","analysis_asof":"2026-09-04"},"edges":[{"direction":"investment","counterparty":"Eco Material Technologies","counterparty_slug":null,"confidence":"high","metric":{"type":"contract_value","unit":"USD","as_of":"2026-02-18","basis":"Eco Material Technologies 인수의 취득 현금 차감 순인수대가","value":2066000000,"period":"transaction completed 2025-09-15","basis_en":"Consideration for the Eco Material Technologies acquisition, net of cash acquired","qualifier":null},"note":"CRH는 2025년 9월 Eco Material Technologies를 인수해 북미 보충성 시멘트계 재료 공급망을 확보했다. SEC 10-K가 밝힌 취득 현금 차감 순인수대가는 20억6600만달러이며, 거래 발표 당시 명목 대가는 21억달러였다.","note_en":"CRH acquired Eco Material Technologies in September 2025 to secure a North American supply platform for supplementary cementitious materials. The SEC filing reports $2.066 billion of consideration net of cash acquired, versus the announced headline consideration of $2.1 billion.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-18","url":"https://www.sec.gov/Archives/edgar/data/849395/000162828026009043/crh-20251231.htm","title":"CRH PUBLIC LTD CO 10-K (2026-02-18)","title_en":"CRH PUBLIC LTD CO 10-K (2026-02-18)","excerpt":"CRH는 2025년 9월 15일 Eco Material을 취득 현금 차감 20억6600만달러에 인수했다.","excerpt_en":"for a total consideration, net of cash acquired, of $2,066 million"},{"stance":"confirms","publisher":"인베스팅닷컴 코리아","publisher_en":"Investing.com Korea","kind":"news","lang":"ko","published_at":"2025-07-29","url":"https://kr.investing.com/news/company-news/article-93CH-1568166","title":"CRH, Eco Material Technologies 21억 달러에 인수","title_en":"CRH to Acquire Eco Material Technologies for $2.1 Billion","excerpt":"CRH는 Eco Material Technologies를 21억 달러에 인수하는 계약을 체결했다.","excerpt_en":"CRH signed an agreement to acquire Eco Material Technologies for $2.1 billion."},{"stance":"confirms","publisher":"Davy 리서치","publisher_en":"Davy Research","kind":"research","lang":"en","published_at":"2025-07-29","url":"https://www.davy.ie/research/public/article.htm?id=ST2_78366_1.xml.htm","title":"Eco Material 21억달러 인수, 강한 전략적 적합성","title_en":"$2.1bn Acquisition of Eco Material; Strong Strategic Fit","excerpt":"Davy는 이 거래가 시멘트계 생산능력과 자가조달 기회를 늘리는 전략적 적합성이 높다고 평가했다.","excerpt_en":"significant additional cementitious capacity and self-supply opportunities"},{"stance":"confirms","publisher":"CRH","publisher_en":"CRH plc","kind":"ir","lang":"en","published_at":"2025-07-29","url":"https://www.crh.com/media/press-releases/2025/crh-to-acquire-eco-material-technologies-for-2-1b/","title":"CRH, Eco Material Technologies를 21억달러에 인수","title_en":"CRH to Acquire Eco Material Technologies for $2.1B","excerpt":"CRH는 Eco Material Technologies를 총 21억달러에 인수하는 계약을 발표했다.","excerpt_en":"acquire Eco Material Technologies ... for a total consideration of $2.1 billion"}]},{"direction":"cost","counterparty":"Caterpillar","counterparty_slug":"caterpillar","confidence":"high","metric":{"type":"amount","unit":"USD","as_of":"2024-01-08","basis":"캐터필러 전기 오프로드 트럭·충전 솔루션 도입 대가","value":null,"period":"strategic agreement announced 2024-01-08","basis_en":"Consideration for Caterpillar electric off-highway trucks and charging solutions","qualifier":"confirmed_no_disclosed_value"},"note":"캐터필러는 CRH 북미 현장에 70~100톤급 배터리 전기 오프로드 트럭과 충전 솔루션을 배치하는 장비 공급 파트너다. CRH는 캐터필러의 골재 업계 첫 고객으로 참여하며 지급액은 공개되지 않았다.","note_en":"Caterpillar is an equipment partner deploying 70-to-100-ton battery-electric off-highway trucks and charging solutions at a CRH site in North America. CRH is Caterpillar's first aggregates-industry customer under the program, and payments were not disclosed.","sources":[{"stance":"confirms","publisher":"캐터필러","publisher_en":"Caterpillar Inc.","kind":"ir","lang":"en","published_at":"2024-01-08","url":"https://www.caterpillar.com/en/news/corporate-press-releases/h/caterpillar-crh-agreement.html","title":"캐터필러, 전기 오프로드 트럭·충전 솔루션을 위한 CRH와의 전략 계약 체결","title_en":"Caterpillar Signs Strategic Agreement with CRH for Electric Off-Highway Trucks and Charging Solutions","excerpt":"캐터필러는 CRH를 자사 전동화 솔루션의 첫 골재 업계 고객이라고 밝혔다.","excerpt_en":"CRH, as our first aggregates industry customer"}]},{"direction":"cost","counterparty":"Volvo Group","counterparty_slug":null,"confidence":"high","metric":{"type":"amount","unit":"USD","as_of":"2023-11-14","basis":"Volvo Group 전기 차량·건설장비 도입 대가","value":null,"period":"customer relationship confirmed 2023-11-14","basis_en":"Consideration for Volvo Group electric vehicles and construction equipment","qualifier":"confirmed_no_disclosed_value"},"note":"CRH는 Volvo Group 여러 계열사의 장기 핵심 고객으로 전기 트럭과 건설장비를 도입해 왔다. Volvo CE가 CRH 계열 Pennsy Supply에 A30G 굴절식 운반차를 인도한 사례가 확인되지만 거래액은 공개되지 않았다.","note_en":"CRH is a long-standing key customer of several Volvo Group companies and has deployed electric trucks and construction equipment. Volvo CE delivered an A30G articulated hauler to CRH subsidiary Pennsy Supply, but the transaction value was not disclosed.","sources":[{"stance":"confirms","publisher":"Volvo Group","publisher_en":"Volvo Group","kind":"ir","lang":"en","published_at":"2023-11-14","url":"https://www.volvogroup.com/en/news-and-media/news/2023/nov/volvo-group-and-crh-agree-partnership-to-accelerate-decarbonization.html?sc_cid=soco-VxKOqQEg","title":"Volvo Group과 CRH, 탈탄소 가속 파트너십 합의","title_en":"Volvo Group and CRH Agree Partnership to Accelerate Decarbonization","excerpt":"Volvo Group은 CRH를 여러 계열사의 오랜 핵심 고객이라고 밝혔다.","excerpt_en":"a long-standing key customer of many Volvo Group companies"}]},{"direction":"revenue","counterparty":"로우스","counterparty_slug":"lowes","confidence":"mid","metric":{"type":"amount","unit":"USD","as_of":"2024-10-01","basis":"로우스가 매입하는 Oldcastle 건축자재·야외 생활 제품 거래액","value":null,"period":"vendor relationship confirmed 2024-10-01","basis_en":"Value of Oldcastle building-material and outdoor-living products purchased by Lowe's","qualifier":"confirmed_no_disclosed_value"},"note":"CRH의 Oldcastle APG는 로우스에 건축자재와 야외 생활 제품을 공급하는 벤더다. 로우스는 2024년 OldCastle을 건축 제품과 하드라인 부문의 수상 벤더로 선정했지만 거래액은 공개하지 않았다.","note_en":"CRH's Oldcastle APG supplies Lowe's with building materials and outdoor-living products. Lowe's recognized OldCastle as a 2024 divisional vendor winner in both building products and hardlines, but did not disclose the transaction value.","sources":[{"stance":"mentions","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-18","url":"https://www.sec.gov/Archives/edgar/data/849395/000162828026009043/crh-20251231.htm","title":"CRH PUBLIC LTD CO 10-K (2026-02-18)","title_en":"CRH PUBLIC LTD CO 10-K (2026-02-18)","excerpt":"CRH는 야외 생활 제품을 주거·상업 시장 고객에게 공급하며 개별 고객 의존도는 중요하지 않다고 공시했다.","excerpt_en":"There are no material dependencies or concentrations of individual customers that require disclosure."},{"stance":"confirms","publisher":"로우스","publisher_en":"Lowe's Companies, Inc.","kind":"ir","lang":"en","published_at":"2024-10-01","url":"https://corporate.lowes.com/newsroom/press-releases/lowes-announces-2024-vendor-partners-year-10-01-24","title":"로우스, 2024년 올해의 벤더 파트너 발표","title_en":"Lowe’s Announces 2024 Vendor Partners of the Year","excerpt":"OldCastle은 건축 제품과 하드라인 부문의 수상 벤더로 선정됐다.","excerpt_en":"OldCastle were also recognized as divisional winners in the building products category."}]},{"direction":"revenue","counterparty":"홈디포","counterparty_slug":"home-depot","confidence":"mid","metric":{"type":"amount","unit":"USD","as_of":"2025-12-09","basis":"홈디포가 매입하는 Oldcastle APG 제품 거래액","value":null,"period":"partnership shown 2025-12-09","basis_en":"Value of Oldcastle APG products purchased by Home Depot","qualifier":"confirmed_no_disclosed_value"},"note":"홈디포는 CRH 자회사 Oldcastle APG의 건축·야외 생활 제품을 판매하는 소매 고객이다. 홈디포는 2025년 투자자 자료에서 Oldcastle APG를 제품 파트너로 제시했지만 거래액은 공개하지 않았다.","note_en":"Home Depot is a retail customer for building and outdoor-living products made by CRH subsidiary Oldcastle APG. Home Depot identified Oldcastle APG as a product partner in its 2025 investor materials but did not disclose the transaction value.","sources":[{"stance":"mentions","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-18","url":"https://www.sec.gov/Archives/edgar/data/849395/000162828026009043/crh-20251231.htm","title":"CRH PUBLIC LTD CO 10-K (2026-02-18)","title_en":"CRH PUBLIC LTD CO 10-K (2026-02-18)","excerpt":"CRH의 야외 생활 사업은 하드스케이프, 조적, 펜스, 난간과 포장 정원 제품을 공급한다.","excerpt_en":"a comprehensive suite of products including hardscapes, masonry, fencing, railing and packaged lawn and garden products"},{"stance":"confirms","publisher":"홈디포","publisher_en":"The Home Depot, Inc.","kind":"ir","lang":"en","published_at":"2025-12-09","url":"https://ir.homedepot.com/~/media/Files/H/HomeDepot-IR/reports-and-presentations/2025-investor-conference-presentation.pdf","title":"홈디포 2025 투자자 콘퍼런스 프레젠테이션","title_en":"The Home Depot 2025 Investor Conference Presentation","excerpt":"홈디포는 제품 파트너 목록에 CRH 계열 Oldcastle APG를 포함했다.","excerpt_en":"Oldcastle APG A CRH Company"}]}]}