en.Wedoany.com Reported - Irish building materials company CRH Plc has launched an all-cash tender offer to acquire Arcosa Inc. at $150 per share, with a transaction value of approximately $8.5 billion, expected to close by early 2027. The Arcosa board has unanimously approved the deal. The acquired assets include 109 quarries or yards, 9 asphalt plants, and 19 terminals from the Arcosa Construction Products business, as well as the eponymous Lightweight profit center, which operates in Alabama, California, Kentucky, and Texas, serving concrete block and ready-mix concrete producers and other customers using expanded shale or clay aggregates. Additionally, the transaction encompasses the Arcosa Engineered Structures business, which ranks among the top three in the high-growth energy transmission market product segment, along with the traditional Ameron spun concrete or steel utility pole business. These assets will be integrated into CRH's North American business pillars, including CRH Americas Materials Solutions, Oldcastle APG, and Oldcastle Infrastructure.
CRH Plc CEO Jim Mintern stated that this acquisition solidifies the company's position as the leading infrastructure enterprise in North America and advances the strategy of building an interconnected, aggregate-led portfolio. He noted that as demand for energy and utility infrastructure solutions in the U.S. accelerates, the deal positions the company at the forefront of significant growth opportunities and reflects an ongoing commitment to establishing market leadership through disciplined capital allocation.
Arcosa CEO Anthony Carrillo said the transaction validates the company's efforts to grow in attractive markets, streamline its portfolio, reduce cyclical volatility, and build a more resilient business. For shareholders, this deal realizes the value created. He expressed confidence that CRH's resources, scale, and expertise will provide attractive opportunities for team members, customers, and the communities served.
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