CRH Announces Agreement to Acquire Arcosa for $8.5B

Summary

CRH has entered into a definitive agreement to acquire Arcosa, a leading U.S. provider of aggregates and critical infrastructure products, for $8.5 billion in an all-cash transaction. The acquisition, which is expected to close in Q1 2027, is subject to Arcosa stockholder approval, regulatory approvals, and other customary closing conditions. The transaction is expected to be accretive to CRH's earnings, margin, and cash flow within the first 12 months post-completion. CRH intends to fund the transaction with available cash and committed debt financing. The acquisition is expected to provide $175 million of run-rate cost synergies by year three and is consistent with CRH's strategy to build an aggregates-led, connected portfolio.