In June 2016, the "Financial Times" reported that CRH earned twice as much profit from the Americas versus Europe. As of November 2016, half the asphalt, aggregates and assorted material it sold went to the United States. Headquartered in Dublin, CRH was the biggest producer of asphalt in the US and the third largest producer of ready-mixed concrete. Sales for 2016 were €27.1 billion, an increase of 15 percent from the year before. Profit after tax was €1.3 billion. In April 2017, the "Irish Times" noted that chief executive Albert Manifold's package almost doubled in 2016 to €10 million, despite disagreement among shareholders the year before on pay. As of 27 April 2017, CRH was Ireland's biggest company. Chief executive was Albert Manifold. That quarter, sales were up in its three divisions in Europe, while the Americas materials unit had higher sales as well. At the time, it did 65 percent of its business in the Americas, while the market in the Philippines proving to be "challenging," and weighing down performance in Asia. On 27 April 2017, CRH held their annual general meeting in Dublin, at which point 17 percent of shareholders voted against the company's executive pay structure. The year prior, 40 percent had voted against. At the meeting, chairman Nick Hartery noted that share price in the company had increased 80 percent since 2014. Also in April 2017, it was reported that CRH was expecting to make a large-scale acquisition in 2018. At the time, over the earlier part of the year CRH had spent €500 million on eight acquisitions. In early May 2017, BlackRock increased its stake in CRH plc. Also in 2017, CRH sold Allied Building Products to Beacon Roofing Supply for $2.6 billion. By the end of 2017, the biggest acquisition was Fels-Werke GmbH, a German leading lime and aggregates business with 1 billion tonnes of high-quality limestone reserves, 11 production locations, nine in Germany and one in both the Czech Republic and Russia.