Arcosa completed the acquisition of Ameron Pole Products from NOV for $180m.

Arcosa, a provider of infrastructure-related products and solutions, completed the acquisition of Ameron Pole Products, a manufacturer of highly engineered, premium concrete and steel poles for a broad range of infrastructure applications, from NOV, a company that delivers technology-driven solutions to empower the global energy industry, for $180m. "We are pleased to welcome Ameron and its experienced management team to the Arcosa family. Ameron expands our product offerings in traffic and telecom structures and establishes our foothold in the attractive concrete and steel lighting pole market. This transaction accelerates the long-term growth profile of our Engineered Structures segment, while underscoring our disciplined acquisition strategy. Supported by robust cash flow, we continue to seek attractively-priced, complementary acquisitions that strengthen our position in Arcosa’s higher growth end markets," Antonio Carrillo, Arcosa President and Chief Executive Officer.