CRH arrives in Spain

The Irish CRH Group has taken a 65 per cent stake in the Brico House DIY chain, according to a report in the latest issue of the Spanish trade magazine, Ferreteria & Bricolage. Founded in 2002, Brico House now comprises ten outlets with an average floorspace of 1 000 m². Furthermore, the report states that CRH is not only going to promote expansion, with the goal of 50 stores in five years, but also to increase their sales area. The floorspace of the next new opening will have doubled to 2 000 m² when it takes place in November.