Overview
- CRH agreed Monday to acquire Dallas-based Arcosa for $8.5 billion in an all-cash offer of $150 per share, a price both companies’ boards approved unanimously.
- Arcosa operates a wide U.S. footprint of aggregates and paving assets, including 109 quarries, nine asphalt plants and 19 terminals, and its Engineered Structures unit supplies energy-transmission components tied to grid modernization.
- CRH expects the transaction to be accretive to earnings within 12 months and to deliver about $175 million of run-rate cost synergies by the third year after closing.
- CRH plans to fund the purchase with cash and committed debt financing and has engaged J.P. Morgan and Morgan Stanley for advice and bridge financing while Arcosa retained Evercore and Goldman Sachs.
- The deal, which CRH says would close in Q1 2027 pending shareholder and regulatory approvals, is the company’s biggest and underscores faster consolidation in U.S. building-products markets that could reshape local supply chains and jobs in Arcosa’s operating regions.