CRH Acquires Arcosa for $8.5 Billion in All-Cash Building Materials Deal
Irish building materials giant CRH has agreed to acquire U.S.-based infrastructure company Arcosa for $8.5 billion in an all-cash transaction, marking CRH’s largest-ever deal. The acquisition, offering $150 per share (a 25% premium), includes 109 quarries, nine asphalt plants, and 19 terminals, strengthening CRH’s position as North America’s largest aggregates producer. Expected to close in early 2027 pending regulatory and shareholder approvals, the deal aims to capture growth in U.S. infrastructure, energy transmission, and grid modernization markets.
Cross-source coverage
Wire timeline
CRH to acquire US-based Arcosa in $8.5bn all-cash deal
Irish construction materials firm CRH has agreed to acquire US-based infrastructure company Arcosa for approximately $8.5 billion in an all-cash transaction. The deal offers Arcosa shareholders $150 per share, a 25% premium to the company's 60-day volume-weighted average price. The acquisition includes 109 quarries, nine asphalt plants, and 19 terminals, giving CRH access to fast-growing markets in Texas, Arizona, Florida, and elsewhere. Arcosa supplies aggregates and engineered structures for energy transmission and grid modernization. CRH expects $175 million in annual cost synergies within three years and anticipates funding the deal with available cash and committed debt. The transaction is subject to shareholder and regulatory approvals, targeting closure in Q1 2027. Financial advisors include J.P. Morgan, Morgan Stanley, Evercore, and Goldman Sachs.
Yahoo FinanceCRH to acquire US-based Arcosa in $8.5bn all-cash deal
Irish construction solutions provider CRH has agreed to acquire US-based infrastructure materials company Arcosa in an all-cash transaction valued at approximately $8.5 billion. The deal, approved by both boards, offers Arcosa shareholders $150 per share, a 25% premium to the 60-day VWAP. Arcosa operates 109 quarries, nine asphalt plants, and 19 terminals, supplying aggregates and infrastructure components. CRH expects annual run-rate cost synergies of $175 million within three years. The acquisition targets fast-growing US metropolitan areas and positions CRH in the energy and utility infrastructure growth sector. Completion is subject to shareholder and regulatory approvals, targeted for Q1 2027.
Yahoo FinanceCRH acquires Arcosa in $8.5 billion all-cash deal
CRH, an Irish building materials company, has agreed to acquire Arcosa, Inc. for $8.5 billion in an all-cash transaction, the largest deal in CRH's history. CRH will pay $150 per share for Arcosa's stock, a 25% premium over the average share price. The deal, expected to close in early 2027, requires shareholder and regulatory approval. Arcosa, headquartered in Dallas, Texas, provides infrastructure materials and solutions including aggregates and engineered structures for energy transmission. The acquisition strengthens CRH's position as the largest aggregates producer in North America, with annual production exceeding 265 million tons. CRH anticipates $175 million in annual savings within three years and expects the deal to boost earnings and cash flow in the first year. The acquisition follows a trend of large deals reshaping the U.S. building-products industry. CRH was advised by J.P. Morgan and Morgan Stanley, while Arcosa received advice from Evercore and Goldman Sachs.
Yahoo FinanceCRH acquires Arcosa in $8.5 billion all-cash deal
CRH, an Irish building materials company, agreed to acquire Arcosa, Inc. for $8.5 billion in an all-cash transaction, marking its largest deal ever. The deal values Arcosa at $150 per share, a 25% premium over its average share price over the past 60 days. Both boards have unanimously approved the transaction, which is expected to close in early 2027 pending shareholder and regulatory approval. Arcosa, headquartered in Dallas, Texas, provides infrastructure-related materials across construction and engineered structures segments, including aggregates operations spanning 109 quarries and nine asphalt plants. CRH says the acquisition will strengthen its position as North America's largest aggregates producer, with 265 million tons produced annually. CRH expects $175 million in annual savings within three years and anticipates the deal will boost earnings and cash flow in the first year. The deal is part of a wave of consolidation in the U.S. building-products industry, following QXO's $17 billion agreement to take over TopBuild. CRH's advisors include J.P. Morgan and Morgan Stanley, while Arcosa worked with Evercore and Goldman Sachs.
Yahoo FinanceCRH to Acquire Arcosa for $8.5 Billion in Building Materials Deal
CRH, a global building-materials supplier, has announced its agreement to acquire rival company Arcosa for $8.5 billion. The acquisition represents a significant consolidation in the building materials industry, as CRH seeks to expand its market presence and operational scale. The deal is expected to enhance CRH's product portfolio and geographic reach, particularly in the United States, where Arcosa has a strong footprint in infrastructure and construction materials. The transaction is subject to regulatory approvals and customary closing conditions. Analysts view the move as a strategic play to capitalize on growing demand for infrastructure and construction projects. The combined entity is anticipated to leverage synergies and cost efficiencies, positioning it competitively in the market. Further details on financing and integration plans are expected in the coming months.
Yahoo Finance