Speculation is growing over reports that Dublin-based CRH, owner of architectural systems and glazing products supplier C R Laurence (CRL), is planning to sell its $300million sales Oldcastle Building Envelope operation in the US.

Bloomberg and other US and Irish media quote sources saying advisers are now looking for potential buyers, adding that CRH has both made a number of acquisitions and that it ‘regularly prunes its portfolio’.

None of the reports have so far linked the moves with any implications for CRL and the company has yet to respond to requests for comment.

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