Arcosa Announces Agreement to Acquire Construction Materials Business of Stavola Holding Corporation
Arcosa Announces Agreement to Acquire Construction Materials Business of Stavola Holding Corporation
Arcosa Inc. has entered into a definitive agreement to acquire the construction materials business of Stavola Holding Corporation and its affiliated entities for $1.2 billion in cash, subject to customary post-closing adjustments. Founded in 1948, Stavola is an aggregates-led and vertically integrated construction materials company primarily serving the New York-New Jersey Metropolitan area through its network of five hard rock natural aggregates quarries, 12 asphalt plants, and three recycled aggregates sites....
Arcosa Inc. has entered into a definitive agreement to acquire the construction materials business of Stavola Holding Corporation and its affiliated entities for $1.2 billion in cash, subject to customary post-closing adjustments. Founded in 1948, Stavola is an aggregates-led and vertically integrated construction materials company primarily serving the New York-New Jersey Metropolitan area through its network of five hard rock natural aggregates quarries, 12 asphalt plants, and three recycled aggregates sites....