Let’s go in big, CRH (NYSE: CRH) agrees to buy Arcosa in $8.5B all-cash deal

CRH (NYSE: CRH) has signed an agreement to acquire Arcosa, Inc. (ACA) in an all-cash transaction valued at approximately $8.5 billion, the companies announced in a press release.

Under the terms of the deal, CRH will pay $150 per share for 100% of Arcosa, representing a 25% premium to Arcosa’s 60-day volume-weighted average price as of June 18, 2026. The transaction implies an acquisition multiple of 11.5x Arcosa’s 2026 estimated adjusted EBITDA, including projected annual run-rate cost synergies of $175 million expected by year three.

Arcosa, headquartered in Dallas, Texas, operates two business segments: Construction Products and Engineered Structures. Its Construction Products business includes 109 quarries and yards, nine asphalt plants, and 19 terminals, with approximately 35 million tons of 2025 aggregates shipments. The Engineered Structures segment manufactures products for the energy transmission market.

CRH said the transaction is expected to be accretive to earnings, margin, and cash flow within the first 12 months following completion, before one-off transaction costs. The combined company would have pro forma net debt to adjusted EBITDA of 2.4x for fiscal year 2026.