CRH to acquire Arcosa for $8.5 billion

Ireland-based building materials giant CRH has agreed to acquire the U.S. infrastructure company Arcosa in an all-cash deal valued at approximately $8.5 billion, the companies announced on Monday, June 22. The transaction marks the largest acquisition in CRH's history and significantly expands its footprint in North America.

Under the terms of the agreement, CRH will pay $150 per share for Dallas-based Arcosa. The offer price represents a premium of approximately 10.4% over Arcosa's closing share price last Thursday. Following the announcement, Arcosa's stock rose sharply in trading.

The acquisition is strategically aimed at positioning CRH to capitalize on strong and sustained demand for U.S. infrastructure, particularly in energy transmission and grid modernization driven by data center expansion and electrification. Arcosa operates 109 quarries, nine asphalt plants, and 19 terminals across the United States. Its engineered structures business is a leading manufacturer of products for the energy transmission market.

CRH CEO Jim Mintern stated that the deal reinforces the company's position as a top infrastructure player in North America and advances its strategy of building an...