Ireland’s CRH announced on Monday that it will acquire U.S.-based Arcosa in an all-cash deal valued at approximately $8.5 billion, enhancing the building materials group’s presence in North America.
Jim Mintern, CRH CEO, told investors, “This strategic acquisition reinforces our position as the #1 infrastructure player in North America and advances our strategy to build an aggregates-led, connected portfolio. As demand for U.S. energy and utility infrastructure solutions accelerates, this transaction places CRH at the forefront of an immense growth opportunity and demonstrates our ongoing commitment to building market-leading positions through disciplined capital allocation. We have a tremendous amount of respect for Arcosa’s business and look forward to welcoming the Arcosa team into CRH.”
Antonio Carrillo, President and CEO of Arcosa, said, “This transaction is a powerful validation of the work we’ve done in recent years to grow in attractive markets, simplify our portfolio, reduce cyclicality and build a more resilient business focused on Construction Products and Engineered Structures. For our stockholders, this transaction crystalizes the value we have built. We are excited that CRH recognizes that value, and we are confident that their resources, scale, and expertise will provide attractive opportunities for our team members, for our customers and for the communities we serve.”
Over the past two years, CRH has invested $9.1 billion in nearly 80 acquisitions.
The deal is expected to close in the first quarter of 2027.
By CEO NA Editorial Staff
