Overview
- CRH announced the $150‑per‑share all‑cash offer for Arcosa in a Monday filing, valuing the deal at about $8.5 billion and reflecting a roughly 25% premium to Arcosa’s 60‑day VWAP.
- The companies said the transaction is expected to close in the first quarter of 2027 subject to regulatory and shareholder approvals.
- CRH expects the acquisition to be accretive to earnings within 12 months and is targeting $175 million of run‑rate cost synergies by the third year after close.
- Arcosa’s stock jumped about 7.5% on the news while CRH shares slipped, and both firms retained major financial advisers: J.P. Morgan and Morgan Stanley for CRH and Evercore and Goldman Sachs for Arcosa.
- The deal gives CRH ownership of Arcosa’s quarries, asphalt plants and Engineered Structures business that supplies power‑transmission towers and poles, fitting CRH’s recent push to scale its North American infrastructure footprint after nearly $9.1 billion of deals over the past two years.