CRH sells controversial stake in Israeli firm Mashav over its role in West Bank separation barrier

Author: John Mulligan, Independent (Ireland), Published on: 13 January 2016

CRH has sold its 25pc stake in Israel’s only cement firm, Mashav, ending a focus of huge controversy for the Irish group. CRH has been targeted by pro-Palestinian activists at its AGMs who pressed for the global building materials firm to sell the stake in the Israeli group. Cement produced by Mashav has been used to build barriers for a widely condemned security wall that separates Israel from the Palenstinian West Bank....Mashav is the holding company for a firm called Nesher, whose cement has ultimately been used to make huge concrete slabs that were used to construct the wall dividing the West Bank from Israel...The Ireland Palestine Solidarity Campaign is among the groups that for years put pressure on CRH to divest its stake in Mashav. The group has previously staged protests at CRH annual general meetings.

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Related companies: CRH (Cement Roadstone Holdings) Nesher Israel Cement Enterprises