Arcosa completed the acquisition of the construction materials business of Stavola for $1.2bn.

Arcosa, a provider of infrastructure-related products and solutions, completed the acquisition of the construction materials business of Stavola, an aggregates-led and vertically integrated construction materials company, for $1.2bn. “The acquisition of Stavola accelerates Arcosa’s strategic transformation by adding a premier aggregates-led platform in the nation’s largest MSA with favorable attributes from its exposure to lower volatility infrastructure-led end-markets. Pro forma for the transactions, Construction Products represents 65% of Arcosa’s LTM Adjusted EBITDA, and consolidated LTM Adjusted EBITDA Margin expands approximately 220 basis points. Stavola brings an experienced management team, a reputation for strong customer service, and a successful track record,” Antonio Carrillo, Arcosa President and CEO.