CRH - Axius Water

CRH Americas Products, Inc., (**CRH Americas**) and Oldcastle Infrastructure, Inc. (**Oldcastle**) propose to acquire 100% of the partnership interests and voting rights in Axius Water Parent LP (**Axius Water**) (the **Acquisition**). The Acquisition will result in CRH Americas and Oldcastle having sole control of Axius Water. CRH Americas is a Delaware-incorporated intermediate holding company. It does not directly manufacture or supply goods or services. Oldcastle is a US-based supplier of engineered concrete products related to water, communications, energy and transportation infrastructure with a focus on sustainability. Oldcastle has no presence in Australia. CRH Americas and Oldcastle are owned by CRH Plc (**CRH**), a global supplier of building materials and infrastructure products headquartered in Ireland and listed on the New York Stock Exchange. CRH has various interests in Australia, including CTC Precast Pty Ltd (**Civilmart**). Civilmart supplies precast concrete infrastructure products, including stormwater and drainage components, stormwater quality improvement devices, sewer chambers and pump stations, and domestic aerated wastewater treatment systems. Hydro International is a CRH subsidiary that supplies water filtration products globally. Hydro International supplies a very small volume of sludge screens, and stormwater separators and filters, which are used in primary treatment of wastewater, into Australia via direct supply channels. Axius Water is a US based supplier of nutrient removal solutions for municipal and industrial wastewater and water treatment processes via a portfolio of brands (Aero-Mod, atac, EDI, Eosi, MITAwt, Napier-Reid, Nexom and triplepoint). Axius Water is currently majority-owned by investment funds, vehicles and/or accounts advised and managed by various subsidiaries of KKR & Co. Inc.

Status
Assessment completed
ACCC determination
Approved
Stage
Waiver application
Notified
24 April 2026
Determination published
11 May 2026

Acquirers

  • CRH Americas Products, Inc.
  • OLDCASTLE INFRASTRUCTURE, INC.

Targets

  • NEXUS WATER HOLDINGS GP LLC
  • NEXUS WATER HOLDINGS LP
  • AXIUS WATER PARENT LP

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