Former Davy research chief to join building material firm CRH

FORMER Davy research chief Barry Dixon, is leaving the stockbroking firm to join building materials giant CRH, a company he covered for years as an analyst.

Mr Dixon joined Davy in 2000 as an analyst and went on to head the research department between 2008 and 2020.

He established a decarbonisation finance team within the company’s corporate finance division in 2021, as Davy eyed opportunities as the Republic seeks to achieve carbon neutrality by 2050.

It is believed that Mr Dixon is taking on a growth role at CRH. The move comes a year and a half after Davy then head of capital markets, John Lydon, quit to join CRH as director of group development, putting him in charge of the building material giant’s multibillion euro deals war chest.

CRH has ambitions to have net-zero carbon emissions by middle of the century.

This includes so-called Scope 1 emissions, covering the activities of an organisation or under its control, Scope 2 indirect emissions from purchased energy, and Scope 3, which includes all other indirect emissions from its supply chain and consumption of its products.

Meanwhile, CRH have put a major landbank in Bray on the market with agents Lisney.

The 161-acre site which is zoned for residential and has the capacity for in excess of 1,700 homes, is on the market at Fassaroe Junction – situated between between Bray North Junction and Bray South.

While there is no official guide price, speculation is that the site could be valued in the region of the early €20 millions.