Announced
Completed
Financials
Sources
Tags
Private
Completed
Acquisition
Domestic
United States
recycled aggregates
Building Materials: Other
Friendly
Majority
Single Bidder
Synopsis
Arcosa, a provider of infrastructure-related products and solutions, completed the acquisition of Strata Materials, a provider of recycled aggregates, for с.$87m. “Building on the Cherry acquisition we completed in January 2020, we are excited to replicate this model in the Dallas-Ft. Worth region. Strata’s strategic network will allow us to serve customers with a complementary product offering that includes both recycled and natural aggregates. We believe that this model will have increasing value as the construction industry seeks to reduce transportation costs and its carbon footprint by using both recycled and natural aggregates," Antonio Carrillo, Arcosa President and CEO.
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