CRH in $8.5 billion Arcosa deal to ride North America infrastructure boom

Live updates

1. 1d ago

   CRH to acquire Arcosa for $8.5 billion in largest deal in company history

   Ireland-based CRH is purchasing Dallas-based Arcosa in an all-cash transaction for $8.5 billion. The deal is intended to make CRH the top infrastructure and aggregates player in North America. CRH expects the acquisition to be accretive to earnings, margin, and cash flow within 12 months.

   What's confirmed:

   • CRH agreed to acquire US-based Arcosa for $8.5 billion in cash.
   • The transaction is the largest acquisition in the history of CRH.
   • The deal aims to position CRH as the number one infrastructure player in North America.
   • CRH will pay $150 a share for the Dallas-based company.

   Still unconfirmed:

   • The acquisition adds 109 quarries to the CRH portfolio.
   • The purchase may be a step toward CRH becoming a pure US business via a European spin-off.
   confidence 90%
2. 5d ago

   CRH to Acquire Arcosa in $8.5 Billion All-Cash Deal

   Ireland-based CRH is acquiring U.S. infrastructure products company Arcosa for approximately $8.5 billion. The all-cash transaction aims to establish CRH as the top infrastructure player in North America. CRH expects the deal to be accretive to earnings, margin, and cash flow within the first 12 months after completion.

   What's confirmed:

   • CRH is acquiring Arcosa in an all-cash deal valued at approximately $8.5 billion.
   • CRH is paying $150 per share for the Dallas-based company.
   • The acquisition is intended to make CRH the number one infrastructure player in North America.
   • The deal is described as CRH's biggest-ever.

   Still unconfirmed:

   • The offer represents a 10.4% premium to Arcosa's previous close.
   • The offer represents a 25% premium to the 60-day average price.
   confidence 100%