CRH, a provider of building materials, has announced that it has signed an agreement to acquire 100 percent of Arcosa in an all-cash transaction for $150 per share, subject to Arcosa stockholders’ and regulatory approvals. The offer to Arcosa stockholders implies a 25 percent premium to Arcosa’s 60-day trading Volume Weighted Average Price (VWAP) as of June 18. The transaction values Arcosa at a total approximate enterprise value of $8.5 billion, representing an acquisition multiple of 11.5 times 2026E Adjusted EBITDA, including estimated annual run-rate cost synergies of $175 million by year three.
Headquartered in Dallas, Arcosa is a provider of infrastructure-related materials, products and solutions. Its construction products business is a leading aggregates platform in the United States, with 109 quarries and yards, nine asphalt plants, 19 terminals and approximately 35 million tons of 2025 aggregates shipments. Arcosa’s engineered structures business is a manufact